REC and PFC are not expensive and given the kind of balance sheet strength that they have created and the kind of liability franchise that they have, these companies would eventually have far better performance to talk about. The next five years could belong to lenders like REC, and PFC in India, says Deven Choksey.
How inflation and interest rates are shaping investment strategies in US
The Federal Reserve’s recent decision to lower interest rates significantly impacts Indian investors with US market exposure. Lower rates can present opportunities in US stocks,
November 2, 2024