https://www.bloomberg.com/news/articles/2025-07-18/weak-credit-growth-and-rate-cuts-to-squeeze-profit-at-india-s-hdfc-icici-banks
Margins face pressure from the Reserve Bank of India’s rate cuts — 100 basis points since the start of the year — and a reduction of the cash reserve ratio to boost liquidity and further reduce funding costs in order to buoy the economy
Weak credit growth and rate cuts to squeeze profit at HDFC, ICICI Banks
Published in Business and Uncategorized
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