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Why Morgan Stanley Remains Positive On Private Lenders, NBFCs

Morgan Stanley remains positive on India’s private banking space. Here’s why.

Isha Arora
ATMs of public and private sector banks in India (Photograph: Adeel Halim/Bloomberg)

Morgan Stanley is bullish on Indian private sector lenders and non-banking finance companies, even as they grapple with asset quality woes. That’s because these entities have done better than state-owned lenders on recognition and provisioning for bad loans, the global brokerage said.

Also Read: India's Banking Bog Needs a Private Road to Salvation

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