ResultsEconomic Times
Banks low-cost deposit share falls to 34.4% in Q2
Negative-33
GreyOak summary
Indian banks' share of low-cost deposits declined to 34.4% in Q2FY27, down from 35.6% previously, driven by strong FCNR(B) inflows. Total deposits grew 16% year-on-year, supported by term deposits, while banking system liquidity narrowed to Rs 2.4 trillion. Rising funding costs may impact profit margins in the second half of the fiscal year.
What it affects
- Financial ServicesNegative -33
Low-cost deposit share fell to 34.4%.Rolling sentiment Positive +16
