Two out of three loans in this sector are financed by Bajaj Finance. So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them.
SBI board approves fundraising of up to Rs 20,000 crore via bonds
State Bank of India’s board has approved raising Rs 20,000 crore through Basel III-compliant bonds, leading to a share price increase of over 2%. While