Analyst Pin-board VPB - Credit growth to slow down
Following a three consecutive years of impressive growth, VPB’s 2018 TOI and PBT grew 24% and 13% YoY respectively, fulfilling 85% its guidance. The slowdown in earnings growth mostly was caused by the low growth rate of lending segment, which contributed more than 80% in VPB’s TOI during 2012 – 2017.
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