With increased risk weights and exposure reaching sectoral limits, bank direct lending to non-banking finance companies (NBFCs) in the country is expected to be Rs 1.7-1.9 trillion in the next financial year (FY25), according to rating agency ICRA. The incremental direct bank lending to NBFCs was Rs 1.61 trillion in the 10-month of… Continue reading Bank direct lending to NBFCs to moderate at Rs 1.7-1.9 trn in FY25: ICRA | Finance News
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After reaching peak, banking profitability to moderate on deposit challenge
With intense competition for deposits among Indian banks, the return on assets (ROAs) is expected to moderate from 1.1 per cent in FY23 to 0.8-1.0 per cent in 24-30 months, said a Mckinsey update on the banking sector. Peeyush Dalmia, senior partner, banking practice in India, Mckinsey, said while banking ROAs have been… Continue reading After reaching peak, banking profitability to moderate on deposit challenge