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This Article is From Apr 11, 2022

Indian Banking Sector - Private Banks’ Spreads Stable, PSU Banks’ Spreads Slip Further: Systematix

Indian Banking Sector - Private Banks’ Spreads Stable, PSU Banks’ Spreads Slip Further: Systematix
Indian rupee banknotes are counted in India. (Photographer: Dhiraj Singh/Bloomberg)
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State Bank Of India
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Systematix Research Report

In the prevailing business operating environment of rising short-term yields (one year Govt. generic bid yield) and reduction in credit spread (over three year AAA bond), banking system weighted average domestic term deposit rate and outstanding loans weighted average lending rate fell further in Q4 FY22 (till February 2022) over Q3 FY22.

Private banks' calculated spreads over various benchmarks and weighted average domestic term deposit rate witnessed stability, but public sector banks' banking group spreads have contracted.

PSBs have been witnessing moderation in their spreads in core deposit mobilisation and lending business operations.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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