Indian Private Banks Face NIM Pressure in June Quarter Amid Sluggish Retail Loan Growth
Top Indian private sector banks, including HDFC Bank, Kotak Mahindra Bank, and Axis Bank, reported weaker net interest margins (NIMs) in the June quarter. This decline was primarily due to sluggish retail loan demand, pushing lenders towards lower-yielding corporate loans, a trend partly influenced by rising bond yields and the West Asia war.






