BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Systemic loan is witnessing a continuous revival, with credit growth accelerating to ~16% YoY in September 2022 (nine year high), led by continued traction in the retail and small and medium enterprise segment, while the corporate segment is also seeing a revival, led by improved working capital requirements.
Home, vehicle, unsecured, and small business continue to do well, while the demand for commercial vehicle is also improving. Credit cards business is seeing a healthy momentum, with spends remaining strong.
We believe that deposit growth will be a key focus over the next few quarters, given the Reserve Bank of India's stance on further rate hikes and tightening liquidity.
Deposits rates are likely to increase to aid liability accretion and fund credit growth. The rise in cost of deposits would be key to assessing the margin trajectory over FY24.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
