Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikes ↗
Jefferies expects RBI’s 25-basis-point rate hike and calibrated tightening stance to support bank earnings, particularly ICICI Bank, SBI and Axis Bank. Faster loan repricing could drive margin expansion, while smaller private banks, NBFCs and life insurers may face greater pressure.
2 sources
- The Economic Times Markets · 7 Oct, 18:20 IST
- The Economic Times Stocks · 7 Oct, 18:20 IST
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