Economy Analysis: PSU banks back in the black, profits of private lenders rise, but banking still not out of the woods Updated : August 20, 2019 07:08 AM IST The growth outlook has worsened due to economic slowdown, which has been highlighted by managements across FMCG, infra and other sectors, besides by bankers themselves. The impact from flood-affected areas in many states will also have a bearing on the earnings of the banks in the second quarter. 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.