So in NBFCs, the largest segment is the housing finance companies. Housing finance companies, are doing 9%, 9.5% kind of home loan rates. You are not going to see a massive growth. The premium end of the housing will still do well but those customers take loans from banks and not really from the housing finance companies.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings