Having said that, the other worry that we will see is that when the interest rate cycle starts turning, what typically will start happening is that the banks will be landed up with higher costs in terms of their deposit costs and lower lending rates and therefore, there could be a margin squeeze which we will see towards the later part of the fiscal year.
ETMarkets Smart Talk| India’s IPO boom far from over: $20 billion pipeline seen in 2026, explains Maulik Patel
India’s capital markets are poised for a strong 2026, with IPO momentum expected to continue and an estimated $20 billion in fundraising. Robust domestic liquidity,