ICRA has lowered its credit growth estimate for Indian banks to 10.5%-11% for the fiscal year ending March 2025, citing reduced exposure to unsecured retail and NBFC sectors. Persistently high CD ratios and changes in liquidity coverage are expected to further reduce growth in FY2026.
Angel One Q4 Results: Profit soars 84% YoY in a quarter of stock market crash
Angel One reported strong March quarter results with profit rising 84% YoY, driven by higher trading volumes, improved monetisation, and operating leverage. Client activity rebounded,