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VERIFIEDET Stocks·positive

Goldman Sachs picks ICICI Bank, Kotak Mahindra Bank as top banking bets

AI Summary
  • ·Goldman Sachs has initiated coverage on fourteen Indian banks, identifying ICICI Bank and Kotak Mahindra Bank as top picks with Buy ratings.
  • ·The firm expects a cyclical recovery in earnings for the banking sector.
  • ·Goldman Sachs predicts private banks will outperform public sector banks over the next two years due to loan growth and improved liquidity.
ICICIBANKKOTAKBANKM&M
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