Kotak Institutional Equities supports leading private banks like HDFC and ICICI, believing they will benefit from improved loan yields and lower funding costs. They remain cautious on loan demand but expect strong asset quality and less pressure on corporate balance sheets.
Kotak Institutional Equities views HDFC Bank and ICICI Bank as top investment choices due to attractive valuations. The firm anticipates these leading private banks will benefit from enhanced loan yields and reduced funding costs. Despite caution on loan demand, strong asset…
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