VERIFIEDMint Markets·7 Oct 2026neutral

RBI MPC 25 bps rate hike: Banks stocks vs NBFCs - Why Jefferies India picked SBI, ICICI Bank, Axis Bank shares

AI Summary

·Jefferies India believes the RBI's Repo Rate hike could act as a catalyst for Indian banks.
·The report focuses on the performance of bank stocks versus NBFCs following the rate hike.
·Jefferies India has selected SBI, ICICI Bank, and Axis Bank as their preferred stocks.