The rating agency said in a release that banks' rapid improvement in financial metrics seen over financial years 2021 to 2024 ...

Indian banks' profitability is at an inflexion point and is likely to moderate in 2025-26, hurt by higher delinquencies in unsecured loans and increased credit costs, India Ratings said on Tuesday. Th ...

HDFC Bank has cut its marginal cost of funds-based lending rate (MCLR) on select tenures by up to 5 basis points (bps). The revised rates are applicable from January 7, 2025 onwards.