Economic TimesLean R·
ICICI Securities initiates coverage on 7 PSU banks with positive valuations
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 climate change.
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