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Cost of funds puts a squeeze on banks' H1 profit growth
The Economic Times· 2025-11-18 00:26
Aggregate net profit of state-owned, private and small-finance banks rose just 2.5% to ₹1.92 lakh crore in six months ending September, up from ₹1.87 lakh crore in the comparable period last year, showed data compiled by Indus Equity Advisors. NII, or the difference between interest earned and paid, rose just about 2% to ₹4.36 lakh crore while other income comprising treasury gains and fee income rose 19% to ₹2.06 lakh crore. The country's largest lender, the SBI chairman CS Setty told analysts during the ...