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 challenges persist. Analysts predict a shallow rate-cut cycle with regulatory shifts benefiting financial institutions.
Japan’s MUFG seals Rs 39,600 crore Shriram Finance Deal
Japan’s MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India’s biggest foreign investment in financial services. The deal