Stocks to Buy | Markets in pause mode: All eyes on August 1 tariff deadline – Market in Wait-and-Watch Mode



Nitin Bhasin continues to hold a sell rating on Kotak Mahindra Bank. While the stock saw positive market reaction, he believes concerns remain. Specifically, Bhasin highlights that deposit growth has not translated into robust credit expansion, especially for high-quality borrowers who are now cash-rich. The real credit demand is shifting to MSMEs and the lower economic segments. Bhasin questions whether private sector banks like Kotak are adequately positioned to cater to this emerging demand. He also contrasts this with NBFCs, which seem better geared for that segment.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *