Private Banks Slow, PSU Banks Gain Market Share: GreenEdge Wealth Report

• Large private banks like Kotak Mahindra Bank and HDFC Bank are experiencing slower growth (9-12%) compared to previous cycles.
• Public Sector Undertaking (PSU) banks are outperforming, capturing market share, with Indian Bank noted for exceptional performance.
• GreenEdge Wealth's Digant Haria expects this trend to continue, with PSU banks likely to outperform private lenders for the year.
• Microfinance stress is easing, with improving asset quality and declining slippages across lenders, indicating the worst is over.
• Gold-linked lending is rising due to firm demand for gold and silver, benefiting NBFCs like Muthoot Finance and regional banks.

Why It Matters: PSU banks are gaining market share and outperforming private banks, a trend expected to continue.