Goldman Sachs has initiated coverage on 14 Indian banks with a mix of Buy, Neutral and Sell ratings, focusing on earnings growth, franchise strength, valuations and the normalisation of return on assets (ROA) as key stock drivers. The brokerage sees private banks at an inflection point.

Goldman Sachs has initiated coverage on 14 Indian banks with a mix of Buy, Neutral and Sell ratings, focusing on earnings growth, franchise strength, valuations and the…

Goldman Sachs has begun its assessment of fourteen Indian banks, pinpointing its top selections. ICICI Bank and Kotak Mahindra Bank stand out with Buy ratings that indicate…