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Indian Banking Sector - Private Banks’ Lending Spreads Improve Further: Systematix

Indian Banking Sector - Private Banks’ Lending Spreads Improve Further: Systematix

<div class="paragraphs"><p>Indian rupee banknotes are counted in India. (Photographer: Dhiraj Singh/Bloomberg)</p></div>
Indian rupee banknotes are counted in India. (Photographer: Dhiraj Singh/Bloomberg)

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

The banking system’s weighted average domestic term deposit rates and fresh loans and outstanding loans weighted average lending rates remained unchanged on a month-on-month basis in October 2021.

There are early signs of a rise in the term deposit rates; we expect this trend to persist.

Our assessment of spread proxies (weighted average lending rates over weighted average domestic term deposit rates, fresh loans and outstanding loans spread over three-year G-Sec yield) suggests that private banks’ credit lending spread improved further in Oct-21.

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Systematix Indian Banking Sector Update.pdf

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