𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Sunil Koul, Executive Director (Asia Pacific Portfolio Strategy, Global Macro Research), Goldman Sachs, believes that the loan growth in banks is healthy and margins have bottomed out.
• Goldman Sachs has a preference for banks over NBFCs and within NBFCs, they differentiate between commercial focussed and consumer facing companies.
• They are bullish on cement and building materials as it plays the infrastructure and real estate cycle in India.