homevideos Newsmarket Newsstocks NewsHDFC Securities bullish on ICICI Bank, SBI; prefers Cholamandalam, CreditAccess in NBFCs
HDFC Securities bullish on ICICI Bank, SBI; prefers Cholamandalam, CreditAccess in NBFCs
HDFC Securities’ top picks have been ICICI Bank and State Bank of India (SBI) among the large banks, Krishnan ASV, lead analyst-banking, financial services and insurance (BFSI), told CNBC-TV18.
HDFC Securities’ top picks have been ICICI Bank and State Bank of India (SBI) among the large banks, Krishnan ASV, lead analyst-banking, financial services and insurance (BFSI), told CNBC-TV18.
“We have also had Cholamandalam Investment and Finance Company and CreditAccess Grameen among non-banking financial companies (NBFC),” he said.
Also Read: Raamdeo Agrawal says Indian digital rush has begun, digital banks poised to make huge profits
He further said that the brokerage firm has reduced its stance on Bajaj Finance, adding that “constructive on the business; somehow we didn’t see valuations holding up.”
For the entire interview, watch the video
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