Festive season should add cheer to BFSI plays, can be an opportunity for investors
The breakout of Covid 2.0 significantly disrupted India’s business activity in the initial months of FY22, especially during April-May’21. However, with gradual unlocking of the economy from July 2021 onwards, most lenders have witnessed an encouraging improvement in their collections, indicating faster economic recovery to normalization. Despite positive macro signals, loan growth has not picked … Read more