The loan book grew by 9.5% to ₹9.5 lakh crore while deposits rose by 7.2% to ₹13.1 lakh crore year-on-year compared with 6.7% and 3.8% growth in the previous quarter, respectively. Credit growth was buoyed by 22.1% increase in retail loan book and 12.5% rise in the micro, small, and medium enterprises (MSME).
Sandip Sabharwal picks ICICI, Axis as banking stocks with upside potential
Market expert Sandip Sabharwal identifies ICICI, Axis, and Kotak as top banking picks, citing upside potential. He also sees value in infrastructure stocks like NCC
