As we all know banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2 different from the results of Quarter 1 of the listed banks including giants like SBI and ICICI banks ?
1. Performance was subdued in the Quarter 2.
2. Yields on advances of almost all listed banks have come down.
3. Advances grew at a slower pace when compared to deposits.