Indian banks in a squeeze as interest rates soar: S&P Global

India's banking sector is experiencing slow loan growth and margin pressure due to high interest rates. Loan growth is projected to drop significantly, and banks are focusing on retail deposits to strengthen their balance sheets. Despite this, net profits and bad loan ratios show improvement.

Jan 29, 2025 - 16:00

Indian banks in a squeeze as interest rates soar: S&P Global

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

India's banking sector is experiencing slow loan growth and margin pressure due to high interest rates. Loan growth is projected to drop significantly, and banks are focusing on retail deposits to strengthen their balance sheets. Despite this, net profits and bad loan ratios show improvement.