The global investment bank raised earnings for SBI by 3-5 per cent. It has factored in better credit growth as it is well-placed to gain market share. Net interest margins (NIMs) may be range-bound as the share of corporate credit rises. Healthy credit growth and low credit costs will support earnings growth, said the note.
ETMarkets Smart Talk: India’s structural growth story backed by the 3Ds—democracy, demand, and demography
Amidst global volatility, Amit Jain of Ashika Global Family Office Services remains bullish on Indian equities, citing democracy, demand, and demography as key strengths. He