The revenue is seen growing up to 18% year-on-year, while the estimates are mixed on the profit front. While some analysts are expecting a profit growth up to 18% YoY, others see a decline up to 7%.
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,