September saw record lows after the US Federal Reserve delivered a hefty 50 basis point rate cut, causing a softening of US Treasury yields, along with milder domestic bond yields and a stronger rupee. During September US T-bill yields saw a low of 3.64%.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25