Banking sector in pink of health, credit growth to pick up: Ind-Ra

The rating agency expects capital expenditure to rise to has to about Rs 7 lakh crore each fiscal 2022 and fiscal 2023 up from Rs 5.5 lakh crore achieved in fiscal 2021 on the back of a demand ramp-up by end-FY22 and a further pick-up in FY23 with an economic recovery.

from Banking/Finance-Industry-Economic Times https://ift.tt/CcJmhrQ