VERIFIEDET Markets·30 Sept 2026positive

Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperform

AI Summary

·Macquarie forecasts an 18% EPS growth for Indian banks in FY28.
·Factors supporting this growth include higher margins, loan demand, liquidity, and asset quality.
·Macquarie has upgraded Bank of Baroda, Kotak Mahindra Bank, and other financial stocks.