Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years? ↗
The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBFC margins, lenders with floating-rate assets and strong liquidity could benefit. Brokerages favour HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and Tata Capital.
2 sources
- The Economic Times Markets · 6 Oct, 12:54 IST
- The Economic Times Stocks · 6 Oct, 12:54 IST
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