Operating efficiency of Chinese, Indian banks eroded in FY24
Business Standard|June 25, 2024
The operating efficiency of banks in India and Mainland China, measured by cost to income ratio, eroded in the year ended March 2024 due to rise in operating expenditure and pressure on margins, according to S&P Global Market Intelligence.
ABHIJIT LELE

Indian banks' aggregate cost-to-income ratio rose to 57.08 per cent for the 12 months from 48.65 per cent and that of Chinese lenders' went up to 33.13 per cent from 31.64 per cent.

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