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Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/H0FItCo via IFTTT

JPMorgan has appointed Rahul Badhwar as its senior country officer for India, a significant move for the financial giant. Badhwar, formerly the global head of corporate sales at HSBC, will now lead JPMorgan's operations in the country. This strategic appointment underscores the bank's commitment to the Indian market and its growth ambitions. He will be reporting to Sjoerd Leenart, CEO for Asia Pacific. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/kdbrFvf via IFTTT