Living expenses have become very expensive and without a surge in wages, which has not happened, or employment, if more people came into employment again that could have got massed out. Again, employment has not happened on that mass scale. So, then the third thing is to pump prime the economy.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25