RBI rate hike to boost PNB, Axis Bank: Morgan Stanley

RBI rate hike to boost PNB, Axis Bank: Morgan Stanley highlights that higher interest rates could improve net interest margins for banks and housing finance companies. Morgan Stanley identifies PNB and Axis Bank as key beneficiaries, with 40–50 bps potential NIM expansion. The call comes amid expectations of repo rate stability or a hike in the upcoming monetary policy.

📊 STOCKS: $PNB $AXISBANK | 🏢 SECTOR: Banking | #HIGHIMPACT #RBI