As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks tracked the U.S. Federal Reserve tightening monetary policy to battle inflation, but their interest rates hikes were smaller and slower, resulting in better interest income for the region's banks without loan growth suffering. Banking indexes in India, Indonesia and Thailand have all outperformed the broader MSCI Asia ex-Japan index as well as the S&P banks index since March 2022, when the Fed started raising rates.
As Asia s banking sector
navigates a peak in global interest rates and risks of slower
growth, investors are wagering that banks in India and Indonesia
have the strongest loan and profitability.
ICC World Cup Finals | Narendra Modi Stadium Turns Sea Of Blue To Watch India In Red Hot Form dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
While thousands of fans moving towards the 1.32 lakh capacity stadium were already dressed in the blue jerseys of the Indian cricket team, others were seen making last minute purchases from vendors dotting the roads leading to the venue.
ICC World Cup final: Narendra Modi Stadium turns sea of blue tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.