Rising competitive intensity for both assets and liabilities amid growing regulatory scrutiny indicate a new chapter in Indian banking, says Rahul Jain, head of India equity research, Goldman Sachs
Asset risks for Chinese banks will increase from the country's economic slowdown, says Moody's.
Since the global financial crisis, Indian banks have performed better than their international counterparts in a number of criteria and have shown greater resilience.
Gupta has been serving as a full-time director of the bank since January 1999 and has been designated as the joint MD since January 1, 2022.
Bad bank that was incorporated in July 2021 has not played a meaningful role so far, says Fitch
Investments in held-to-maturity securities by the Indian banks are limited to 23% of deposits, according to the monthly economic review for March.
The impact will be limited for most rated financial institutions in Asia-Pacific (APAC), says Moody's.
Increased write-offs, higher loan growth, and improvement in asset quality have boosted the financial performance of Indian banks, says Fitch.
Domestic banks may become the main source of funding for the group, resulting in increases in banks' exposures to Adani, says Moody's.
Fitch expects the Indian banking sector's average NIM to slightly contract by about 10 basis points in FY24 to 3.45%.
