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BNP Paribas : Communique AMF CP CP24968791

BNP Paribas : Communique AMF CP CP24968566

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bank stocks selloff: Franklin sees value in India lenders amid $26 billion stock rout

HDFC Bank Ltd. tumbled this week following third-quarter earnings that disappointed investors on liquidity and deposit metrics, despite net income beating estimates. The selloff in the countrys biggest private sector lender has raised concerns about peers such as ICICI Bank Ltd. and Kotak Mahindra Bank Ltd., due to announce earnings on Jan. 20.

Franklin Sees Value in India Lenders Amid $26 Billion Stock Rout

Franklin Sees Value in India Lenders Amid $26 Billion Stock Rout
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