Just trying to start a new thread to share my thoughts on banking and getting yours.
The loan growth of majority of banks seems impressive inspite of raising interest rate environment. I expect the interest rate will stop moving upward and start moving South, that in turn propel loan growth further. Also, India seems to be in good place structurally which helps as well.
The above reasons make banks an attractive buy.
Although unsecured credit seems raising, it will take a ample amount of time to become a bubble. RBI also seems to be aware and vigil.
Any thoughts on this?
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