Private sector banks have significantly increased their market share in loans, reaching 40% by March 2025, while public sector banks’ share declined to 52.3%. The overall banking system experienced substantial growth, with total loans rising by over 78% between 2020 and 2025. This shift indicates increasing customer preference and broader credit access, with smaller players also expanding their role.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting