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.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays