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Care Ratings: Private Sector Bank Spreads At Elevated Levels

Overall credit growth of India’s banking sector continues to moderate due to risk aversion and excess liquidity parked with RBI.

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
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
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