Quick Note: Bank Credit Growth at Lowest in 4 years

2 comments Written on June 12th, 2014 by
Categories: Banks

A little worrying on the data front is the slow down in Bank credit. Here’s a quick look at how it’s panned out:

image

This is the lowest since Jan 2010.

It’s darn good for inflation. It’s not at all good for all those high P/E banks. And banks are getting traded at, er, very high valuations. This could get ugly!

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http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company. Deepak also provides data research and consulting services, and now lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.

2 comments “Quick Note: Bank Credit Growth at Lowest in 4 years”

Not really worried! bank should take a breather and clean up NPA mess and re-align the things! We don’t want KFAs / Suzlons etc