Bankers are relieved with Malhotra’s emphasis on a consultative approach with minimum disruption to the financial system. With the expected increase in provision costs and tighter regulations for project finance now on the back burner, lenders can focus on business growth over the next one year, bankers said.
RBI rate cut to pressure bank margins, NBFCs brace for liquidity strain
RBI’s 25-bps rate cut, its first in five years, pressures private banks’ NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity