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.
HDFC Securities Report
The downtrend in non-food credit growth persisted, unsurprisingly, with YoY growth reaching 5.6%, the slowest in a little over three years.
This trend was led by a de-growth in industrial credit and sluggish personal loan and service credit growth.
We expect non-food credit growth to remain range bound in the near term, as an uptick in disbursals will continue to be met by a corresponding rise in repayments, which have increased significantly, as suggested by Q2 FY21 commentary.
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 brokerage 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.
