Nitin Aggarwal of MOFSL anticipates a recovery in credit growth, projecting 11.5% for the year, driven by retail and corporate demand in the second half. He expects mid-sized private banks like RBL and Bandhan to normalize earnings, with PSU banks showing resilience in fresh loan yields. While slippages may marginally increase, overall credit costs are expected to remain controlled.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent