10-15% exposure to infra, power make pvt banks better bets
The Reserve Bank of India has hike policy rates for 12 consecutive times. Banks too transmitted such hikes to their customers. Such repeated rate hikes, however, have raised concern on banks’ asset quality as borrowers tend to default on repayments.
September 23, 2011 / 22:31 IST
Moneycontrol Bureau
The Reserve Bank of India has hiked policy rates for 12 consecutive times. Banks too transmitted such hikes to their customers. Such repeated rate hikes, however, have raised concern on banks
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