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Dhiraj Kapgate's avatar

Your story from Apr. 11, 2025 discusses why state banks are seeing late margin compression compared to pvt. banks (share of MCLR-linked loans are much higher in state banks)

Kashish Kapoor's avatar

Right pointed out, Dhiraj.

Link - https://thedailybrief.zerodha.com/i/161027343/great-but-what-does-this-mean-for-you

But you must the observations made in this story is not across pvt vs public banks, but a time series analysis, just for the PSBs.

In general, PVBs have a lower MCLR book, but over time, all SCBs want to move towards EBLR.