Finance ICICI Prudential Life sees banks, capital goods driving 2019 growth Updated : November 27, 2018 08:52 PM IST Indian banks have been grappling with a pile of bad loans that reached a record $150 billion at the end of March. Kumar said he preferred private lenders as concerns around the leadership of state-run banks and their growth linger. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.