Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas like agriculture. They outperformed public sector banks. Permitting investments in priority sector lending certificates helped meet these goals. Private sector banks are leading in selling these certificates, accounting for 49% of total sales in FY24.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different
January 9, 2025