Investment implications: We reiterate our conviction on banks with a strong balance sheet and formidable retail deposit franchise, which are likely to continue gaining market share, with ICICIBC (BUY, TP: INR 1,325), SBIN (BUY, TP: INR 1,040), and KMB (BUY, TP: INR 2,025) being our top picks amongst large banks.
https://rakesh-jhunjhunwala.in/top-…retail-deposit-franchise-to-buy-now-hdfc-sec/
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