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FPIs lap up banking and finance stocks as credit cycle recovers | Economic Times

FPIs lap up banking and finance stocks as credit cycle recovers https://ift.tt/BV3IQ8R stocks are back in demand as fresh bank sanction of loans rose by 90% to Rs 1.4 lakh crore in FY22 after a multi-year drop in FY21. In the previous corporate capex cycle fresh bank sanctions rose to Rs 4 lakh cr between FY10 and FY11. Further, the real lending rates have turned softer.
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