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Here's why Morgan Stanley expects this private bank to give 100% returns in two years

Updated : November 27, 2019 12:33 PM IST

The stock has surged 43 percent in the last 1 year and 42 percent in 2019 despite the demand and growth slowdown.
Asset quality is likely to improve quickly as the brokerage expects a sharp decline in provisions in FY20 with slowing new NPL formation.
Here's why Morgan Stanley expects this private bank to give 100% returns in two years

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