The size of the total lending market in India has grown to Rs 174 lakh crore at the end of March, with retail loans contributing 48.9%. The share of commercial loans was at 49.5% and the balance 1.6% was contributed by microfinance, according to a study by credit bureau CRIF High Mark.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,