“The last several years has been largely retail-led credit growth but we expect the corporate credit growth to pick up. Anyway with higher inflation levels working, capital requirements are also going up. We are fairly positive on lenders as rising interest rates would be positive for their NIMs, at least in the initial part of the rate cycle. Financials is definitely a good space.”
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk