View: India's banks have it all, except caution

Across most of Asia, muted big-ticket consumer expenditure — such as on housing — and restrained capital expenditure by firms have led to only a mild post-pandemic recovery in credit, which makes India’s double-digit loan growth a notable exception, according to economists at Australia & New Zealand Banking Group Ltd.

from Banking/Finance-Industry-Economic Times https://ift.tt/J7PjghW