BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Axis Securities Report
While the overall credit growth remains in the range of 6-7%, we believe business momentum has improved since the beginning of Q2 FY22. Retail and small and medium enterprise are witnessing gradual pick-up, indicated by the provisional numbers reported to date by most banks.
Since Q1 FY22 was impacted by Covid 2.0, we expect Q2 FY22 to be better in terms of disbursements for most non banking financial companies. Collection efficiencies for housing financing companies (skewed towards salaried) is comparatively better.
Small finance banks are expected to regain momentum on disbursements, aiding assets under management growth.
In Insurance, new business premium growth is expected to be healthy, led by unit linked insurance plans, non-participating, and credit life products.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint 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 BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
