Banking And Financial Services Q4 Earnings Preview - Eye On Growth Momentum: KRChoksey
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KRChoksey Research Report
Banks - After the vacation of the Supreme Court stay on recognition of non-performing asset, the banks are likely to recognize the same.
Until the last quarter the banks have been maintaining the proforma NPAs and providing for the same, nevertheless. We, hence, believe most banks are unlikely to witness adhoc provisions.
AMCs - We except assets under management to remain stable driven by asset prices, despite the volatility.
NBFCs - We expect AUM growth to improve sequentially (partly on low base) and otherwise on improved demand.
Product-wise, home loans are likely to continue to have outperformed other segments, though the growth rates are likely to taper.
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