Kotak Mahindra Bank experienced a 4.4% drop in foreign institutional investors’ shareholding in Q1 FY25, with their stake declining to 33.16% from 37.59% in Q4 FY24.
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,