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Banks face credit growth, credit cost, NIM challenges: Alchemy Capital's Alok Agarwal

According to Agarwal, NIMs are expected to shrink due to anticipated decreases in repo rates, as downward rate cycles typically lead to their contraction

March 04, 2024 / 11:11 IST
Banks face credit growth, credit cost, NIM challenges: Alchemy Capital's Alok Agarwal

The weight of Banking and Financial Services shares in Nifty in February has fallen to 33 percent as per the latest factsheet from National Stock Exchange, as compared to a 38.45 percent weightage in April 2023.

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