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VERIFIEDET Markets·positive
Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikes
AI Summary
- ·Jefferies anticipates RBI's 25-basis-point rate hike and calibrated tightening to benefit bank earnings.
- ·ICICI Bank, SBI, and Axis Bank are identified as key beneficiaries.
- ·Faster loan repricing is expected to drive margin expansion for these banks.