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Private banks may lead PSU peers in Q1 PAT show amid macro pressures
Private banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits will climb ten percent year-on-year. Balance sheet growth also favors private banks, with higher deposit expansion. However, public sector banks led in loan book expansion during the June quarter. Investor focus will remain on individual bank performance and execution.
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economictimes.indiatimes.com
Deposits win for private banks, loans trophy for PSBs: Q1 throws up opposing trends; private growth seen as healthier
Private banks saw stronger deposit growth than public sector lenders in the June quarter. Public sector banks, however, achieved faster credit expansion during the same period.…
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Private banks may lead PSU peers in Q1 PAT show amid macro pressures
Private banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits will climb ten percent year-on-year.…
