State Bank of India anticipates a rise in corporate credit demand this quarter. Bond yields are increasing, making bank loans more attractive. Previously, corporations favoured bonds due to lower rates. Reserve Bank of India’s rate cuts had initially boosted bond issuances. India aims to be a major global economy, requiring strong credit growth.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong