Banking And Financial Services Q4 Earnings Preview - Eye On Growth Momentum: KRChoksey
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Banking And Financial Services Q4 Earnings Preview - Eye On Growth Momentum: KRChoksey

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.

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.

Click on the attachment to read the full report:

KRChoksey BFSI Sector Q4FY21 Preview.pdf

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