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VERIFIEDMint Markets·positive

HDFC Bank, ICICI Bank remain top bets as valuations stay attractive, says Kotak

AI Summary
  • ·Kotak Institutional Equities favors HDFC Bank and ICICI Bank.
  • ·They anticipate benefits from improved loan yields and reduced funding costs for these banks.
  • ·Kotak remains cautious on loan demand but expects strong asset quality.
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