Sector Perspective - Private Banking To Rebound | Edelweiss Wealth Management

In this video, Harsh Shah, a Research Analyst from Edelweiss Professional Investor Research believes that, Private Banking Sector will witness a rebound in the coming quarters.

In light of this transformation, we believe two private banks are poised to grow most - Axis bank and ICICI Bank.

Watch this video to learn why you should choose in these banks for a long-term investment.

Axis bank is third largest private bank in India with an asset base of ₹7.6 trillion.
Why to invest in Axis bank?
1. Gaining Momentum in corporate loan growth
2. Better growth traction
3. Improvement in asset quality

Key Risks with Axis Bank:
1. Higher moderation in CASA growth
2. Delay in economic activities

We initiate coverage on the stock with a Buy recommendation with a target price of ₹ 890.


ICICI bank is second largest private bank in India.
Why to invest in ICICI Bank?
1. Industrial Loan Demand
2. Recognition of bad asset
3. Strong Recovery & Solution

Key Risks with Axis Bank:
1. Higher moderation in CASA growth
2. Delay in economic activities

We initiate coverage on the stock with a Buy recommendation with a target price of ₹ 492.

You can monitor stock prices online by visiting

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private banking,rebound,long term investment,ICICI bank,axis bank,banking sector,