Indian banks to have steady growth in earning and returns over next 3-4 years: Jefferies

New Delhi [India], November 7 (ANI): Indian banks are expected to have a steady growth in earnings and returns over the next 3-4 years, according to a report by Jefferies.

The report expects a 13 per cent compound annual growth rate (CAGR) in loan growth for banks between FY24 and FY27, underpinned by a supportive environment and expected adjustments in interest rates.

"Expect steady growth in earnings and stable returns,