The Rock says fresh loan yields soar while outstanding drop

Finance

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The Rock says fresh loan yields soar while outstanding drop

The Rock says, listen up! Outstanding loan yields dropped 4 bps, but fresh loans? They skyrocketed 14 bps! Private banks flexing with +12 bps, public showing off with +9 bps. RBI slashed 100 bps, but banks are still raising the stakes on new loans to keep those NIMs alive! Term deposits? Down 4-5 bps, but The Rock ain't worried! Smell what The Rock is cookin'!