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.
Abu Dhabi Investment Portfolio: 6 stocks surge up to 110% in FY26, 3 fresh Q3 picks
The equity portfolio of the Abu Dhabi Investment Authority (ADIA), managed through its global funds, has recorded a 7% gain so far in FY26, rising