NBFCs surge post RBI relief, brokerage outlooks improve

February 28, 2025

The brokerage described RBI’s decision to ease bank lending to finance companies as ‘Dene Wala Jab Bhi Deta…Deta Chappar Phaad Ke” (God gives abundantly whenever he gives). It was referring to RBI’s move to ease the sector’s woes. CLSA said Bandhan Bank is the biggest beneficiary of the step.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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