Bank stocks to consolidate till margins start improving, says InCred Equities; recommends HDFC, ICICI Bank, SBI - News Summed Up

Bank stocks to consolidate till margins start improving, says InCred Equities; recommends HDFC, ICICI Bank, SBI


The analysts believe public sector banks (PSBs) are better placed on the liquidity front compared to private sector banks with their lower loan-to-deposit ratio (LDR) and higher liquidity coverage ratio (LCR). Also Read: Indian stock market: Why you should have SBI, HDFC Bank shares in your stock portfolio? Bank stocks to buy:Post-correction, InCred equities believes HDFC Bank trades at an attractive risk-reward ratio amid the growth granularity and pricing power. It believes the ICICI Bank lags in new customer acquisition compared to HDFC Bank. We also like SBI because the diversity in its growth and improving retail franchise will command a valuation premium.


Source: Mint February 20, 2024 19:03 UTC



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