Higher borrowing, deposit rates raise banks' funding costs https://ift.tt/iWG3Ztv say the cost of funds will continue to be on the rise for a few quarters till the entire deposit repricing cost is factored in. India's largest private lender HDFC Bank has seen the cost of funds rise nearly 100 basis points as compared with last year. For the lender, the cost of funds stood at 4% at the end of the June quarter versus 3.1% in the same period last year.
Thursday, August 3, 2023
Higher borrowing, deposit rates raise banks' funding costs
Subscribe to:
Post Comments (Atom)
-
Bechtel - Haryana - New Delhi - Requisition ID: 214786 Geotechnical Engineer with Bachelor’s Degree in Civil Engineering and 10 + years of e...
-
Top 5 way How to Search for a Job Online As Internet job boards continue to evolve, it can pay to stay current on the latest search to...
-
Amazon - New River, AZ - Warehouse and Shopper Team Members Location: Goodyear, Phoenix Job opportunities vary by location. We update postin...
No comments:
Post a Comment