Banking sector to deliver over 40% PAT growth in Q4; ICICI Bank, Chola Investment top buys

We estimate slippages to remain under control, which, along with recoveries, should improve the asset quality. The restructured and ECLGS books have been resilient, which along with a low SMA book will keep credit costs under control in FY23. Though, we expect a slight uptick in credit costs in FY24.

Generated by Feedzy