Stocks to buy: UBS picks 4 NBFC shares with upside potential of up to 36%
A monetary policy development with market-wide reach.
· Economic Times Markets, ET Stocks
UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system.
The analysis
Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
Why it matters
- Credit growth and asset quality are the pulse of the financial sector, which is the largest weight in Indian indices.
Market context
- Sector exposure: Banks, Financial Services.
In this story
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