Bank Credit 2021 Outlook - On The Cusp Of Releveraging: ICICI Securities
A customer counts Indian rupee banknotes. (Photographer Dhiraj Singh/Bloomberg)

Bank Credit 2021 Outlook - On The Cusp Of Releveraging: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

With collection efficiency trends and credit cost expectations reining in a lot of enthusiasm for financial stocks, another critical vector driving earnings and valuation rerating is going to be credit growth.

We believe India Inc, after undergoing a phase of deleveraging over the past few years, is now better positioned and confident to anvil on the path of releveraging.

Indian financiers, too, have saddled themselves with ample liquidity/capital buffer to tap the emerging opportunity.

Does this mean we are at an inflection point with respect to credit growth outlook?

Click on the attachment to read the full report:

ICICI Securities Banking Credit Growth Outlook 2021.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.