03 Oct 2025 | 3 Mins Read
Jefferies recommends 4 top bank stocks due to anticipated credit growth
Flipitmoney
Jefferies says Reserve Bank of India's decision to hold interest rates steady at 5.5% relieves private banks, enabling credit growth. The brokerage now favors larger private banks HDFC Bank, Axis Bank, and ICICI Bank, as well as State Bank of India, citing their ability to navigate the Expected Credit Loss regime.