Rising deposit costs will exert pressure on NIM of banks in Q2 FY25: Report

Oct 13, 2024

Most banks are set to hold steady on a sequential basis in terms of net interest margin (NIM), although a few may witness a...

Indian banks' profitability to remain resilient despite margin pressure: Fitch

Mar 26, 2024

Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term,...

Kotak Mahindra Bank's Q2FY25 profit surges 13 pc to Rs5,044 cr

Oct 19, 2024

The quarter saw the bank's Net Interest Income (NII) rise by 11 per cent YoY to Rs7,020 crore, while the Net Interest Margin (NIM)...

Public sector banks outperformed private banks by a wide margin in net profits during Q2 FY25: SBI

Nov 07, 2024

The net profit of public sector banks has surpassed that of private sector banks by a wide margin on a Year-on-Year basis, highlighted a...

RBL Bank posts flat profit in second quarter

Oct 24, 2022

The Mumbai-headquartered bank has posted 9 per cent growth in its total revenue to Rs 1,648 crore. Net interest income (NII) grew 16 per...

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

Sep 18, 2024

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs to reprice downward more slowly than their...