Banking party may last only for some more time3 min read 27 Dec 2022, 09:48 PM IST
The quantum of margin expansion will reduce as deposits catch up, and NIM may peak out in Q4 FY23.
A combination of favourable factors fuelled an impressive rally in banking stocks this year. In 2022 so far, the Nifty Bank index has rallied 21%, beating key benchmark index Nifty 50 by a wide margin.
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