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ICICI Bank, SBI, Federal Bank Among Top Picks As RBI Flags Stress In Unsecured Credit: Nomura
The Reserve Bank of India is concerned about higher unsecured lending write-offs among private sector banks.
02 Jan 2025, 02:54 PM IST 
Nomura prefers banks with strong deposit franchises, strong retail underwriting and lower exposure to unsecured retail segments. (Photographer: Vishal Patel/NDTV Profit)
Lenders with lower exposure to unsecured retail segments like ICICI Bank Ltd., State Bank of India and Federal Bank Ltd. are the top picks for Nomura Research after the central bank flagged stress in unsecured retail lending. The Reserve Bank of India is concerned about higher unsecured lending write-offs among private sector banks, it said in the Financial Stability Report for December 2024. "The gross non-performing assets ratio fo...
