Indian banking sector — private + PSU banks
Indian banking sector — HDFC Bank, ICICI, Kotak, SBI, Axis + PSU banks. Live prices, NIM trajectory, asset quality, credit growth vs deposit growth. Refreshed daily.
Why this sector matters
Banks are ~35% of NIFTY 50's weight — as goes Bank Nifty, so goes the index, usually. The cycle to watch right now: deposit growth is lagging credit growth, which pressures NIM (net interest margin). The private vs PSU bank gap is narrowing as PSU asset quality cleans up post-IBC. Monitor RBI rate decisions, slippage rates, and credit-deposit ratio — these three capture 80% of what moves a bank stock.
Key drivers to track
- • RBI repo rate — every 25bps move takes 1–2 quarters to reprice loan book + deposit book
- • Credit-deposit ratio — if CD > 80%, banks are stretched for funding, NIM pressure
- • Slippage ratio (fresh NPAs / loans) — rising = future earnings hit
- • Operating leverage — cost-income ratio below 40% = margin expansion runway
- • Corporate capex cycle — if private capex picks up, credit growth accelerates
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Ask Axel for a banks sector deep-dive
Axel can layer qualitative analysis on top of the live banks data — management quality flags, regulatory headwinds, recent results tone across the top constituents. Research framing, not a recommendation.
Research tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. Sector data sourced from NSE public feeds + our own XBRL parsing of company filings. Constituents shown are NIFTY 50 + Next 50 + curated midcap members tagged to the banks sector; may not be an exhaustive universe. Not investment advice — sector classifications and screener results are informational only.