Morgan Stanley's Ridham Desai on why banking sector is in a sweet spot - Economic Times

Banks have rising rates to help their margins, credit costs have suddenly peaked, they are falling, in fact there could be write back of provisions as well and they are taking that and investing to growth their businesses and of course credit growth is also r…

Banks should do well in terms of earnings, valuations look attractive so we are very bullish on this sector, it is our top pick and I think for the rest of this year as well as going into the next ye… [+5646 chars]

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