Non PCA State-run banks to retain loan market share at 51% medium term

The RBI started this punitive action these bank's bad loans ballooned to high double digit levels

The state-run banks which are not under the prompt corrective action (PCA) framework are expected to maintain their loan market share at 50-51 per cent in the near future, while the overall credit growth is likely to be 8-9.5 per cent in the next two years, says a report.

"Loan market share of public sector banks which are not under the PCA are expected to be maintained at 50-51 per cent while private sector banks are expected to increase it from 30.9 per cent in March 2018 to 38-40 per cent in the foreseeable future and stabilise at that levels,"