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Macquarie Capital expects a 50 bps rate cut to drive 200 bps loan growth for banks next year

Suresh Ganapathy, Managing Director and Head of Financial Services Research at Macquarie Capital, expects margins to remain stable in the near future for banking sector. He noted that the environment for the life insurance sector is quite unsettling, prompting him to take a relatively cautious stance on the industry.

Read moreMacquarie Capital expects a 50 bps rate cut to drive 200 bps loan growth for banks next year
Source: Cnbctv18
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