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ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight. Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year. While asset quality is likely to stay stable, they caution about possible disruptions related to oil and….
ICICI Securities initiates coverage on 7 PSU banks with positive valuations
Impact Score
Market Sentiment
→NeutralPrimary Sectors
ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight. Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year. While asset quality is likely to stay stable, they caution about possible disruptions related to oil and…
Key Highlights
ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating.
They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight.
Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year.
Source
Economic Times
Published
3h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
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