The brokerage has downgraded its ratings on SBI and ICICI Bank, while upgrading Bajaj Finance. It reiterated its buy rating on HDFC Bank.
AgenciesGoldman Sachs said the Goldilocks period (strong growth and profitability) for the financial sector is over in the near term citing increasing headwinds such as margin pressure and concerns over rising consumer borrowings.
Goldman Sachs said the Goldilocks period (strong growth and profitability) for the financial sector is over in the near term citing increasing headwinds such as margin pressure and concerns over rising consumer borrowings.
Agencies
Agencies
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