\u0906\u091c Private Banking Stocks \u092e\u0947\u0902 \u0924\u0947\u091c\u093c \u0917\u093f\u0930\u093e\u0935\u091f \u0926\u0947\u0916\u0928\u0947 \u0915\u094b \u092e\u093f\u0932\u0940\u0964<\/p>\n
!HDFCBANK , !AXISBANK \u0914\u0930 !KOTAKBANK \u091c\u0948\u0938\u0947 \u092c\u0921\u093c\u0947 \u092c\u0948\u0902\u0915 Q1 Results \u0915\u0947 \u092c\u093e\u0926 \u0926\u092c\u093e\u0935 \u092e\u0947\u0902 \u0930\u0939\u0947, \u091c\u092c\u0915\u093f \u0905\u0927\u093f\u0915\u093e\u0902\u0936 \u092c\u0948\u0902\u0915\u094b\u0902 \u0928\u0947 \u092e\u0941\u0928\u093e\u092b\u0947 \u092e\u0947\u0902 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930\u094d\u091c \u0915\u0940\u0964 \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0940 \u091a\u093f\u0902\u0924\u093e \u092e\u0941\u0916\u094d\u092f \u0930\u0942\u092a \u0938\u0947 Net Interest Margin (NIM) \u0914\u0930 \u092d\u0935\u093f\u0937\u094d\u092f \u0915\u0947 Margin Outlook \u0915\u094b \u0932\u0947\u0915\u0930 \u0930\u0939\u0940\u0964<\/p>\n
\u0932\u0947\u0915\u093f\u0928 \u0926\u093f\u0932\u091a\u0938\u094d\u092a \u092c\u093e\u0924 \u092f\u0939 \u0939\u0948 \u0915\u093f…<\/p>\n
\u0926\u0941\u0928\u093f\u092f\u093e \u0915\u0940 \u092c\u0921\u093c\u0940 Brokerage Firms Jefferies \u0914\u0930 CLSA \u0905\u092d\u0940 \u092d\u0940 \u0907\u0928 \u092c\u0948\u0902\u0915\u094b\u0902 \u092e\u0947\u0902 \u0932\u0902\u092c\u0940 \u0905\u0935\u0927\u093f \u0915\u093e \u0905\u091a\u094d\u091b\u093e Upside \u0926\u0947\u0916 \u0930\u0939\u0940 \u0939\u0948\u0902\u0964<\/p>\n
Q.\u0906\u091c Banking Stocks \u0915\u094d\u092f\u094b\u0902 \u0917\u093f\u0930\u0947?<\/p>\n
Q1 Results \u092e\u0947\u0902:<\/p>\n
\u2022 Loan Growth \u092e\u091c\u092c\u0942\u0924 \u0930\u0939\u0940<\/p>\n
\u2022 Deposit Growth \u092d\u0940 \u0905\u091a\u094d\u091b\u0940 \u0930\u0939\u0940<\/p>\n
\u2022 Asset Quality \u0938\u094d\u0925\u093f\u0930 \u0930\u0939\u0940<\/p>\n
\u0932\u0947\u0915\u093f\u0928…<\/p>\n
\u2022 Net Interest Margins (NIMs) \u092a\u0930 \u0926\u092c\u093e\u0935 \u0926\u093f\u0916\u093e<\/p>\n
\u2022 Funding Cost \u092c\u0922\u093c\u0928\u0947 \u0915\u0940 \u091a\u093f\u0902\u0924\u093e \u092c\u0928\u0940 \u0939\u0941\u0908 \u0939\u0948<\/p>\n
\u092f\u0939\u0940 \u0935\u091c\u0939 \u0930\u0939\u0940 \u0915\u093f \u0905\u091a\u094d\u091b\u0947 Profit Growth \u0915\u0947 \u092c\u093e\u0935\u091c\u0942\u0926 \u0915\u0908 Banking Stocks \u092e\u0947\u0902 Profit Booking \u0926\u0947\u0916\u0928\u0947 \u0915\u094b \u092e\u093f\u0932\u0940\u0964<\/p>\n
##\u092b\u093f\u0930 \u092d\u0940 Brokerages \u0915\u094d\u092f\u094b\u0902 \u0939\u0948\u0902 Positive?
\nJefferies \u0915\u093e \u092e\u093e\u0928\u0928\u093e \u0939\u0948:<\/p>\n
\u2022 Valuation \u0905\u092c \u092a\u0939\u0932\u0947 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 \u0905\u0927\u093f\u0915 \u0906\u0915\u0930\u094d\u0937\u0915 \u0939\u094b \u091a\u0941\u0915\u0947 \u0939\u0948\u0902\u0964<\/p>\n
\u2022 Margin Pressure \u0905\u0938\u094d\u0925\u093e\u092f\u0940 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n
\u2022 Long-term Loan Growth \u0914\u0930 Earnings Growth \u092e\u091c\u092c\u0942\u0924 \u092c\u0928\u0940 \u0930\u0939 \u0938\u0915\u0924\u0940 \u0939\u0948\u0964<\/p>\n
CLSA \u0915\u093e \u092e\u093e\u0928\u0928\u093e \u0939\u0948:<\/p>\n
\u2022 Private Banks \u0915\u0940 \u092e\u091c\u092c\u0942\u0924 Franchise \u0905\u092d\u0940 \u092d\u0940 \u092c\u0930\u0915\u0930\u093e\u0930 \u0939\u0948\u0964<\/p>\n
\u2022 Credit Growth \u0914\u0930 Asset Quality \u0938\u0947\u0915\u094d\u091f\u0930 \u0915\u094b \u0932\u0902\u092c\u0947 \u0938\u092e\u092f \u0924\u0915 \u0938\u092a\u094b\u0930\u094d\u091f \u0915\u0930 \u0938\u0915\u0924\u0947 \u0939\u0948\u0902\u0964<\/p>\n
\u2022 \u092e\u094c\u091c\u0942\u0926\u093e \u0915\u092e\u091c\u094b\u0930\u0940 \u0915\u094b Long-term Opportunity \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u0926\u0947\u0916\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n
##Focus Stocks<\/p>\n
\u2022 !HDFCBANK<\/p>\n
\u2022 !ICICIBANK<\/p>\n
\u2022 !AXISBANK<\/p>\n
\u2022 !KOTAKBANK<\/p>\n
——>Bottom Line<\/p>\n
\u0906\u091c \u0915\u0940 \u0917\u093f\u0930\u093e\u0935\u091f \u0928\u0947 Sentiment \u0915\u094b \u091c\u0930\u0942\u0930 \u092a\u094d\u0930\u092d\u093e\u0935\u093f\u0924 \u0915\u093f\u092f\u093e \u0939\u0948, \u0932\u0947\u0915\u093f\u0928 \u092c\u0921\u093c\u0947 Global Brokerages \u0905\u092d\u0940 \u092d\u0940 Private Banking Sector \u0915\u0940 \u0932\u0902\u092c\u0940 \u0905\u0935\u0927\u093f \u0915\u0940 Growth Story \u092a\u0930 \u092d\u0930\u094b\u0938\u093e \u091c\u0924\u093e \u0930\u0939\u0947 \u0939\u0948\u0902\u0964<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-164489","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/164489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=164489"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=164489"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=164489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}