Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperform
60-Word AI Digest
Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality. The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks.
Key Takeaways
- Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality.
- The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks.
- Full details and original dispatch available below.
Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality. The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks.
Original Publisher Attribution
This summary was curated from Economic Times.