ICICI Direct

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ICICI Direct
June 16, 2025 at 07:03 AM
*RBI Policy Impact: PSU Banks in Focus* With the easing of the policy stance and a CRR cut, PSU banks appear better positioned in the near term. Policy tailwinds: 🔸 Rate cuts support credit demand 🔸 CRR cut injects ₹2.5L crore into system 🔸 PSU banks less exposed to EBLR loans; better margin defense 🔸 G-sec holdings to benefit from falling yields *Stocks in Focus:* ✅ *SBI - Target Price: ₹940* Steady growth, strong loan mix, comfortable CD ratio, and treasury gains support margins. ✅ *Indian Bank - Target Price: ₹680* Consistent performance, strong RAM focus, low credit cost, and RoA of 1.2–1.3%. Holding these in your portfolio? Give a 👍🏻 Disclaimer: http://bit.ly/full-disclaimer
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