New Delhi, July 6 (IANS) Strong growth in bank lending is expected to be the main driver of Indian banks’ profitability even as net interest margins remain flat or marginally lower in the first quarter of FY27, a report said on Monday.The report from Systematix Institutional Equities said banking system advances expanded by 17.7 per cent year‑on‑year as of May 2026, compared with 9 per cent YoY growth recorded in May 2025, marking the highest annual growth rate since June 2024.The report f…
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