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2025-06-18 03:00:23| The Economic Times

With banks reducing savings account interest rates, financial planners are advising investors to consider overnight and liquid funds for parking surplus money. These funds invest in short-term securities, offering potentially higher returns (5-5.5%) compared to savings accounts.

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2025-06-18 02:52:15| The Economic Times

The top five IT exporters' revenue share declined to a 29-quarter low of 81.3% in March 2025, as mid-tier firms like Coforge and Hexaware gained traction. These smaller companies benefited from clients' shift towards short-term projects, outpacing larger peers in revenue and profit growth over several quarters. Geopolitical uncertainty has also contributed to delayed decision-making.

Category: News and Media

2025-06-18 02:39:48| The Economic Times

Mumbai banks anticipate lower lending yields this fiscal year. Caution in unsecured loans and slower retail growth contribute. Policy rate cuts also play a role. Analysts predict a yield drop to 8.6%. Net interest margins may contract. Repricing of loans linked to external benchmarks will impact private banks. Deposit repricing lags will further squeeze margins.

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