SBI's Setty: rate hikes may hit consumer credit demand but not retail asset quality
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
SBI's Setty expects rate hikes to affect discretionary credit but not retail asset quality, highlighting robust growth and digital banking plans.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible rate hike cycle in India matters for banks and consumer credit.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01SBI's Setty expects rate hikes to affect discretionary credit.
- 02Retail asset quality is not expected to deteriorate.
- 03Robust growth and digital banking plans are highlighted.