Strong second-quarter earnings from India’s banking and financial services industry (BFSI) are attracting investors, with brokerages bullish on large banks and NBFCs. Despite a recent market dip, experts predict a rally once the Reserve Bank of India begins cutting interest rates. Analysts highlight banks’ robust profits, stabilizing interest margins, and the potential for growth in the sector. Strong second-quarter earnings from India’s banking and financial services industry (BFSI) are attracting investors, with brokerages bullish on large banks and NBFCs. Despite a recent market dip, experts predict a rally once the Reserve Bank of India begins cutting interest rates. Analysts highlight banks’ robust profits, stabilizing interest margins, and the potential for growth in the sector. Economic Times
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