Thanks for posting it here, and introducing me to Valuepickr platform. I continue to remain bearish on large private banks and would write more on it, as I am yet to find that competitive edge that used to exist before covid for HDFC and Kotak. What I see happening is margin pressures not going away anytime soon. In Q3 FY24, Axis & ICICI took away good chunk of deposits but happened at a major cost of NIMs compression. If this war for deposits goes on like this, all players would suffer. So i’m still out.
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