While these lenders were able to increase deposits at a faster clip during the quarter, the growth was accompanied by higher interest outgo, thereby contracting net interest margins (NIMs) year-on-year. The sample includes HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank and Yes Bank. Kotak Mahindra Bank is expected to declare quarterly numbers on May 4.
Bitcoin hovers near $71,000 as crypto investors track macro and liquidity signals
Bitcoin hovered near $71,000 on Saturday as investors tracked macroeconomic cues and liquidity signals ahead of the upcoming US Federal Reserve policy decision. While Bitcoin