These 9 banking stocks have an upside potential of up to 41% in 1 year, according to analysts
When you look at the banking sector, it is not just about excel sheets. It is also about the ability to differentiate between the grey, black, and white parts of the businesses that banks finance. In Q2, the sector as a whole saw the quality of loan books improve. While credit growth was perhaps not as good as expected, things have, on the whole, been better for all the segments of the sector, except for small finance banks where things are still not in great shape. Whether credit growth has also improved will be clear when the Q3 numbers come out, reflecting the full impact of the GST cuts and the festive season. So, probably time to remain optimistic.
When you look at the banking sector, it is not just about excel sheets. It is also about the ability to differentiate between the grey, black, and white parts of the businesses that banks finance. In Q2, the sector as a whole saw the quality of loan books improve. While credit growth was perhaps not as good as expected, things have, on the whole, been better for all the segments of the sector, except for small finance banks where things are still not in great shape. Whether credit growth has also improved will be clear when the Q3 numbers come out, reflecting the full impact of the GST cuts and the festive season. So, probably time to remain optimistic.
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