BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
We interacted with the management of Shriram Transport Finance Company Ltd. and went through the analyst call recordings post Q2 FY22 results in order to understand the growth trends, net interest margin expansion and impact of revision in Reserve Bank of India’s asset classification norms.
Shriram Transport Finance follows monthly tagging of non-performing asset and the shift to daily tagging will have an incremental impact of 30-50 basis points on Stage-III assets.
However, RBI’s clarification on standardisation of Stage-III assets only after repayment of all outstanding dues will not have any impact on Shriram Transport Finance's as it follows a similar practice.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR