On banking, Rahul Arora, CEO of Nirmal Bang Equities pointed out valuation and credit growth challenges. He said large private banks are trading at higher price-to-book multiples than before, while loan growth remains weak.
On banking, Rahul Arora, CEO of Nirmal Bang Equities pointed out valuation and credit growth challenges. He said large private banks are trading at higher price-to-book multiples than before, while loan growth remains weak.