Net interest income, the difference between interest earned and paid, was ₹13,811 crore at the end of the March 2025 quarter, a growth of 6%. Net interest margin slipped to 3.97% for the quarter versus 4.06% in the year-ago quarter.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.