competition wizard magazine

 competition wizard magazine

competition wizard magazine published this article page no230

The initial phase of this expansion (in 1990s) was dominated by the Public Sector Banks. However the narrative slowly started changing as Private Sector Banks turned from being peripheral players to one of the principal drivers in the process of credit dissemination in the economy. This is evident from the fact that as of FY07 Private Sector Banks had 20 per cent share in outstanding credit which now stands at 29 per cent as of FYI7. The share in incremental credit is even starker with 75 per cent of incremental credit being disbursed by the private sector banks. competition wizard magazine