PSB credit growth: Public lenders outpace private peers for first time since 2010
PSB credit growth: Public lenders outpace private peers for first time since 2010
Public sector banks have demonstrated a remarkable resurgence, achieving their highest advance growth since 2010 at 12.2% in FY25, surpassing private banks for the first time in over a decade. This turnaround is attributed to improved asset quality, strategic branch expansion, and diversification of income streams.
Public sector banks have demonstrated a remarkable resurgence, achieving their highest advance growth since 2010 at 12.2% in FY25, surpassing private banks for the first time in over a decade. This turnaround is attributed to improved asset quality, strategic branch expansion, and diversification of income streams.