🔹 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