Care Ratings: Private Sector Bank Spreads At Elevated Levels
A customer waits to deposit Indian 100 rupee banknotes at a counter inside an Axis Bank Ltd. branch in Mumbai, India, on Thursday, Jan. 16, 2014. Photographer: Dhiraj Singh/Bloomberg

Care Ratings: Private Sector Bank Spreads At Elevated Levels

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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.

Care Ratings Research Report

The impact of the Covid-19 pandemic has been rampant globally negatively affecting lives and livelihood across the board. Global economic growth has been disrupted.

The Reserve Bank of India has taken several measures to support the economy and unlock credit delivery, including rate cuts.

The overall credit growth in the banking sector has continued to moderate due to the rise in risk aversion in the banking system and continued parking of excess liquidity with RBI.

Click on the attachment to read the full report:

Care Ratings Private Sector Bank Update.pdf

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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 brokerage 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.

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