Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada Vaidya

Private sector banks continue to remain a preferred segment for investors, supported by robust credit growth, stable asset quality trends, and expectations of a rate-cycle shift, even as valuation concerns and deposit growth mismatch keep sentiment uneven, according to Dnyanada Vaidya from Axis Securities.

Strong credit growth backdrop supports sector outlook