Over the last year, Nifty Bank has risen 1.65%, outperforming the benchmark Nifty 50, which dipped 4.51%. This happened amid a surge in credit growth even as banking stocks surge ahead on the back of rising profitability and expectations of earnings per share expanding. However, analysts point out a gap in this rosy picture. The headline 17% credit growth recorded by the banking sector may be slightly overstated due to bank lending to