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Jefferies says its top banking pick offers 18% upside, sees asset quality improving

Updated : June 25, 2020 06:38 AM IST

The onset of the coronavirus pandemic is expected to take a toll on banks as customers struggle to repay their loans in the wake of the lockdown-induced slowdown.
However, despite the gloom, analysts at Jefferies have picked ICICI Bank as an attractive buy.
Jefferies says its top banking pick offers 18% upside, sees asset quality improving

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