Citigroup stock has rallied over 30% this year, outperforming its U.S. banking peers. Analysts at Wells Fargo are bullish, citing improved earnings (EPS of $1.96 in Q2), ongoing restructuring under CEO Jane Fraser, and strong capital deployment through share buybacks. They forecast a 50% upside over the next 12 months, potentially reaching $12 EPS by 2027.
1 February 2025
Analysts have recommended that the Reserve Bank of India (RBI) should inject up to ₹1 trillion (~US$11.5 billion) into the banking system by the end of March 2025 to address an ongoing liquidity deficit. As of February 20, the banking system faced a shortage of about ₹1.7 trillion, despite prior liquidity injections via bond purchases and dollar–rupee swaps. The RBI has taken several steps, including long-term repo operations, interest rate reductions, bond purchases worth ₹1.39 trillion, and ₹440 billion via currency swaps. However, persistent system-level deficiency signals a need for further intervention. Analysts suggest that the RBI may expand its open market operations (OMO), increase non-resident Indian (NRI) deposit inflows, and roll over maturing repos. The central bank may also consider revising its policy framework, including daily fixed funding windows or adopting the Secured Overnight Rupee Rate (SORR) as its operational benchmark. These measures aim to stabilise liquidity, help maintain repo rates and support sustained credit growth going into FY26.
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