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ICICI Bank, SBI, Axis Bank Are Jefferies' Top Picks As Rate Hikes Could Lift Bank Earnings

The RBI raised the repo rate by 25 basis points to 5.5%, but Jefferies believes the bigger signal was the change in policy stance from "Neutral" to "Calibrated Tightening".

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NDTVCenter·1h ago
ICICI Bank, SBI, Axis Bank Are Jefferies' Top Picks As Rate Hikes Could Lift Bank Earnings
The RBI raised the repo rate by 25 basis points to 5.5%, but Jefferies believes the bigger signal was the change in policy stance from "Neutral" to "Calibrated Tightening".
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ICICI Bank, SBI, Axis Bank Are Jefferies' Top Picks As Rate Hikes Could Lift Bank Earnings

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ICICI Bank, SBI, Axis Bank Are Jefferies' Top Picks As Rate Hikes Could Lift Bank Earnings

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