BFSI Sector Annual Investors Meet Takeaways - Demand Continues To Remain Strong Across Segments: Nirmal Bang
Asset quality stress is not envisaged by most managements given that collection efficiency remains healthy.
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
We recently hosted multiple banking, financial services and insurance companies at our Annual Investor Conference to gain insights into the current business environment, credit demand, asset quality trends and margin outlook going forward.
Most of the managements re-iterated that demand continues to remain strong across segments. Also, asset quality stress is not envisaged by most managements given that collection efficiency remains healthy.
But, in the non-banking financial company segment, managements indicated that margins may continue to remain under pressure as rate hikes’ passthrough is likely to come with a lag.
Therefore, with faster re-pricing of the cost of borrowings, margins may remain moderate in the near term.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.