Greed & Fear prefers India to China as a structural story: CLSA

India bank credit growth slowed to 8.8 percent Y-o-Y in October before accelerating to 11 percent Y-o-Y in December, while nominal GDP growth slowed from 13.4 percent Y-o-Y in Q2FY14 to 6 percent Y-o-Y in Q3FY15.

January 22, 2016 / 08:58 IST

Christopher Wood, CLSA says Greed & Fear far prefers India to China as a structural story since credit growth in India has been running more in-line with nominal GDP growth reflecting a healthy deleveraging cycle.

India bank credit growth slowed to 8.8 percent Y-o-Y in October before accelerating to 11 percent Y-o-Y in December, while nominal GDP growth slowed from 13.4 percent Y-o-Y in Q2FY14 to 6 percent Y-o-Y in Q3FY15.

first published: Jan 22, 2016 08:58 am

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