The three stocks are top picks of major brokerages as they share their outlook and Q3 earnings for Indian lenders.
Nuvama increased its target price on the SBI Cards stock to Rs 850, while Nomura has set it at Rs 825 per share.
The GDP growth is expected to be about 6.3 per cent in the current fiscal year, a tad lower than the government's estimates ...
Nuvama said asset quality improvement and potential rate cut-driven re-rating are likely for SBI Cards in near term.
SBI Holdings explores XRP buyback and IPO support for Ripple, aiming to boost blockchain investments and expand fintech ...
The report also noted a significant increase in per capita nominal GDP, with the NSO estimating an almost Rs 35,000 rise compared to FY23. However, nominal GDP growth is anticipated to remain stagnant ...