🇮🇳 India
2d ago
Stocks to buy: UBS picks 4 NBFC shares with upside potential of up to 36%
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UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system. Investors might consider four recommended NBFC stocks, like Shriram Finance and Poonawalla Fincorp, as they promise substantial upside potential based on targeted price analyses.
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