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Deposit rates likely to stay unchanged

December 06, 2025

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Financial Express Kochi

GIVEN THAT DEPOSIT mobilisation continues to be a challenge, banks may not bring down deposit rates immediately despite the Reserve Bank of India’s 25-basis-point repo rate cut on Friday.

- KSHIPRA PETKAR

“Banks are already facing challenges on CASA and deposits. If we reduce the deposit rate further, itis going to hurt us. We may consider cutting it later, depending on competition, but only in January — nothing in December. Fornow,1 think deposit rates will remain as is,’ an official at a public sectorbank said.

Another banker at a public sector bank noted that while deposit repricing will take place, it will have alag effect.“We have already absorbed 100 basis points of the rate cut; this 25basis-point cut would take anothertwo quarters to absorb,” he added.

المزيد من القصص من Financial Express Kochi

Financial Express Kochi

Corporate rebounds as sales reclaim double-digit growth after 11 quarters

AFTER 11 CONSECUTIVE quarters of subdued expansion, aggregate sales of 3,188 listed non-government and non-financial companies reported a double-digit sales growth of 10.1% year-on-year in the third quarter — the first such acceleration in nearly three years, said the Reserve Bank of India (RBI).

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Mercedes-Benz to launch CLA Electric

%58-lakh EV aims to power luxury market push

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Bill Gates apologises over Epstein ties to Foundation staff, says report

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1 mins

February 26, 2026

Financial Express Kochi

Global firms rent 101 m sq ft space in last five yrs: Colliers

FOREIGN FIRMS, LARGELY US-based, have rented 101 million sq ft of prime office spaces in the last five years to set up Global Capability Centres (GCCs) in India’s seven major cities, according to Colliers.

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Financial Express Kochi

Trump lays out case for possible attack on Iran

IRAN SPREADS ‘TERRORISM AND DEATH AND HATE’, SAYS TRUMP

time to read

1 mins

February 26, 2026

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Make your own power, Trump tells top tech firms in US

THEY'RE GOING TO produce their own electricity. It will ensure the company's ability to get electricity, while at the same time, lowering prices of electricity for you,' he said.

time to read

1 min

February 26, 2026

Financial Express Kochi

Cricket season spurs domestic travel boom

INDIA'S CRICKET SEASON is playing a part in fuelling domestic travel with demand across match-hosting cities, particularly beyond metros, growing significantly year-on-year (YoY), according to online accommodation hosting platform Airbnb.

time to read

1 min

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Financial Express Kochi

‘Retail investors can expect more products for global exposure’

The NSE International Exchange (NSE IX) has builta platform that will allow retail investors to buy and sell global stocks.

time to read

2 mins

February 26, 2026

Financial Express Kochi

Irdai plans major steps to lower insurance costs

Distribution structures rejig, digital stack plan in 4-6 months

time to read

1 mins

February 26, 2026

Financial Express Kochi

Xiaomi moves SC against $72-million customs demand

XIAOMI HAS CHALLENGED an Indian tax ruling that said the company evaded $72 million in tariffs on royalty payments, according to legal documents, a dispute that the Chinese company and lawyers say is a test of the country's legal framework for contract manufacturing.

time to read

1 mins

February 26, 2026

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