UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system. Investors might consider four recommended NBFC stocks, like Shriram Finance and Poonawalla Fincorp, as they promise substantial upside potential based on targeted price analyses.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make