Will banking stocks run away due to increase in interest rates? Watch this video to know Macquarie's opinion on big banks
Zee Business Video Team | Updated: May 5, 2022 04:32 PM IST
There has been volatility in the stock market for the past several months. Countries around the world are currently facing the brunt of inflation, in such a situation, interest rates are increasing by the central banks of many countries. In India too, RBI increased the repo rate by 40 basis points in an emergency meeting on May 4, after which global brokerage firm Macquarie has given its rating on banking stocks.
