Indian lenders such as HDFC Bank, Kotak Mahindra Bank, RBL Bank, and Union Bank of India are experiencing a decline in asset quality, with increases in fresh slippages and gross NPAs. Factors like a heatwave, elections, and seasonal issues are contributing to the challenges faced by these financial institutions.
Long-term investors should focus on structural trends over short-term volatility: Ravi Dharamshi
So, from the peak to correct around 15% kinds is I would say, but beyond that I would say then they start looking attractive again
October 30, 2024