Brokerage call on banking sector in wake of Rate Cut by RBI

💼 Investec on RBI – Banking Sector Outlook

🔹 Liquidity Boost:

RBI's positive stance on liquidity and credit growth seen as a key re-rating catalyst for the banking sector.

🔹 Top Picks (Large Banks):

Added AXSB to top picks alongside ICICI Bank & Kotak Bank.

🔹 Mid-Sized Bank Beneficiaries:

📌 IDFC First, RBL, IIB, Bandhan set to gain more from easing due to:

▪️ Higher funding costs
▪️ Higher share of fixed-rate loans

🔹 Preferences:

🟢 Tactical: RBL Bank

🛠️ Structural: CUBK, KVB, Federal Bank