Buy the Giants, Avoid the Rest? BoFA bets on two large banks, downgrades popular smaller ones
Published on: April 7, 2026, 9:15 a.m. | Source: CNBC TV18
While BoFA has turned constructive on large private lenders, it sees a higher risk to growth, asset quality and Net Interest Margins (NIMs) for their mid-sized peers. A combination of a potential rate hike by the RBI, along with tight funding conditions could pressure the margins for these lenders.
