Geojit Financial Services’ Gaurang Shah sees a mixed earnings season for banks, with some near-term challenges but long-term opportunities. Despite weaker results from IndusInd Bank, Shah remains positive on the BFSI sector’s overall loan growth and outlook for the upcoming financial year, recommending several private and public sector banks, as well as NBFCs.
Private banks write off nearly half of NPAs in FY26, outpace PSBs
“Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate
July 7, 2026