“Banks have individually communicated with the RBI after the liquidity deficit widened significantly at the end of December. The money market rates had shot up, making it more expensive for borrowers to raise funds in debt capital markets,” a source aware of the developments said.
Dull loan growth, margin pressure, credit cost to weigh on bank earnings
State Bank of India anticipates lackluster Q1 results due to margin dips and slow loan growth, while HDFC Bank projects a profit increase driven by