The US Fed may raise interest rate a lot higher than previously anticipated, making it difficult for the market to adjust, but the greater damage is being caused by geopolitical events such as the Ukraine war and the clouds over Taiwan, he said.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25