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VERIFIEDET Stocks·positive
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.