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VERIFIEDET Markets·neutral

RBI rate hike done. Now what’s ahead for bank stocks? Jefferies, other brokerages weigh in

AI Summary
  • ·RBI has implemented its first rate hike in almost four years.
  • ·Analysts have differing views on the immediate effect of this hike on bank margins.
  • ·Jefferies identifies ICICI Bank and Kotak Mahindra Bank as potential beneficiaries.
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