Q3 results are expected to start trickling in this week and will continue till the end of the month. As usual, it’s time for analyst to weigh in on their predictions of how results will looks like. Thisday reports, analyst are already predicting dismal results for this quarter in view of the CRR, Forex depreciation and several other issues affecting the banking industry.
From the look of things if their prediction is right then now may be the time for bargain hunters to start cherry picking undervalued bank stocks. There are many of them now by the way.
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