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June 18, 2026
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State Bank of India has reaffirmed its credit growth and net interest margin guidance for the current fiscal year, saying that ongoing geopolitical tensions in the Middle East have not yet disrupted loan demand. However, the bank cautioned that a prolonged conflict could impact economic activity in India, especially if inflation rises above the Reserve […]Continue Reading
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HDFC Bank reported a stronger-than-expected fourth-quarter profit, supported by solid growth in lending, especially in retail loans. The bank posted a standalone net profit of 192.2 billion rupees ($2.08 billion) for the quarter ended March 31, slightly above analyst estimates and higher than 176.16 billion rupees a year earlier. Growth in consumer borrowing was driven Continue Reading
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