Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this segment increases. ARCs are prompted by the need to use external infrastructure and banking guidelines. A push towards professionalisation in loan recovery is underway.
Mid & smallcaps may outpace largecaps on back of India’s growth texture: Hari Shyamsunder
Hari Shyamsunder from Franklin Templeton suggests a cautious outlook on IT due to slowing growth and AI uncertainties, while favoring mid and small-caps for long-term