Edition 20 – Mastering the balance: Growth & risks

In this latest edition of Investor Compass, we talk about overall credit and deposit growth in FY23, performance of key operating indicators, and the evolving trends in the Banking space. So far CY23 has been fairly dynamic with inflation, both WPI & CPI, softening sharply, RBI changing its stance towards accommodation and pausing the rate hikes, credit growth remaining strong and asset quality across banks continuing to improve. Despite the strong run-up in the last few months, we continue to remain constructive on the sector.