19-April-2024
Banking
 
Banks in a sweet spot to deal with sustained credit growth
26-Nov-2022

The banking sector seems to be well placed to deal with a likely double-digit credit growth cycle, say analysts. With the problem of asset quality receding in the past few quarters, things are looking up for the sector. The sector has cleaned up its books significantly. And the cycle of non-performing assets accumulated over the years that had restricted their ability to lend aggressively seems to be behind them.

News Source:- https://www.financialexpress.com/industry/banking-finance/banks-in-a-sweet-spot-to-deal-with-sustained-credit-growth/2892173/
 
 
 

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