In November, there were several trends related to the banking sector that topped Google’s trending searches. The first trending topic was ICICI Bank, India’s second-largest bank, which updated its credit card terms. ICICI Bank also reported a 14.5% year-over-year increase in net profit to Rs 11,746 crore. IDBI Bank, in which the government plans to sell a 60.7% stake, also trended. The bank reported a 39% year-on-year increase in net profit to Rs 1,836 crore. Another topic was interest rates, following the US Federal Reserve’s recent 25 basis-point rate cut. This cut came ahead of a meeting by the Reserve Bank of India (RBI) that maintained the repo rate at 6.5%. Finally, the recent election victory of Donald Trump in the United States influenced trends related to the US, as investors awaited policy changes under the new administration. HSBC Bank’s plan to cut costs and overhaul its commercial and investment banking operations was also a trend. Overall, the search data shows that bank and finance sector developments, such as company updates, market changes, and regulatory policies, tend to generate high interest from users.

Source: https://www.financialexpress.com/business/banking-finance-icici-bank-idbi-bank-interest-rates-in-list-of-most-trending-topics-on-google-trend-in-november-3670998/