A strong growth outlook from a well-diversified loan book with a rising share of retail loans along with healthy capital ratios gives strong visibility, according to brokerage Sharekhan.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise