Short-term borrowing costs for Indian lenders are expected to decrease next month due to the central bank’s liquidity infusion measures. These initiatives aim to lower rates for instruments like certificates of deposit (CD) and commercial paper (CP), potentially leading to reduced lending rates sooner than previously anticipated.
IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff
Appointed firm submitted its report on April 26, determining that the cumulative adverse impact on the bank’s profit and loss account stood at ₹1,959.98 crore
April 28, 2025