However, the rates are now at course correction. Lending rate on fresh loans is on a clear upward trajectory, while lending rate on outstanding loan book has followed a similar trend indicating disciplined lender behavior. The spread between outstanding loan yield and average term deposit rate has sustained at a healthy level, especially for private banks. This means the spread or margin as denoted by NIM (Net Interest Margins) to see continuous improvement – positive for the earnings growth for lenders.
United Breweries shares rally 14% after Q2FY27 profit jumps 191% YoY
United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September