Banking Q3 preview: Private banks to outperform PSBs; bad assets to go down

While large private lenders will still be impacted due to higher provisions, we believe the pain will be relatively lower during the quarter

How is the banking sector placed in Q3? Siddharth Purohit takes a look in this Business Standard Special
 

The credit growth for the banking system has picked up marginally during the last few months. After hitting a multi-decade low of nearly 4% growth, corporate loans by private banks witnessed an uptick in the September quarter (Q2FY18) results. The latest data shows credit growth to be near nearly 10%, and with the last two quarters of the financial year normally being strong, overall growth is expected to be above this run rate for the entire year. However, the same old stories