Financial services index outperforms Nifty in 10 years: Here are the advantages the sector has over banks

<ul><li>Historically, the Nifty Financial Services index has outperformed the Nifty 50 index over the long term. In the last 10 years, the Nifty Financial Services index has given CAGR (compounded annual growth rate) return of 14.9% versus the Nifty 50 which has given 13.1%.</li></ul>

NBFC loans against shares come under RBI scanner: Report

The RBI has sought details of lending against shares and the largest credit exposures of NBFCs, said the report.

Budget 2023: Impact of FM Sitharaman's announcements on NBFCs and MSME lending

<ul><li>Considering that MSMEs contribute 30 percent to the country’s GDP, create over 111 million jobs, and account for 48 percent of total exports, their growth is absolutely indispensable if India targets to become a 5 trillion USD economy over the next few years.</li></ul>

Top four NBFC fixed deposits with AAA rating that offer up to 7.95 % interest

Four major NBFCs with strong pedigree and history of offering fixed deposits to customers for decades. These NBFCs are rated AAA, which is the highest credit rating, by multiple largest agencies such as CARE, ICRA and CRISIL.

Mahindra & Mahindra Financial Services falls over 4% after hitting 52-week high — here's why

<ul><li>The stock dropped to the red zone as a result of global brokerage house Jefferies' bearish views on the NBFC.</li></ul>

NBFCs' liquidity situation comfortable; bank credit shows strong trend: Report

Bank credit to NBFCs is showing a strong trend and the NBFC liquidity environment continues to remain comfortable. As of October, bank lending to NBFCs is up 16 percent year to date or YTD (up 7 percent MoM), said the report.

MOSL sees 25% upside in this NBFC stock that has gained 50% in last one year

Poonawalla Fincorp has risen nearly 50 percent in the last 1 year from its 52-week low of ₹192, hit on December 27, 2021. It has also given consistent returns in the last 10 years, up 250 percent from ₹80 in December 2012.

Shriram Transport Finance up 6% on arrangement and amalgamation record date announcement

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Shriram Transport Finance opened at ₹1,232 per share, lower than the previous close of ₹1,233.65. However, the stock recovered soon and rallied to touch an intraday high of ₹1,309.80.

Results Preview: Rising Treasury yields will hurt bank margins in Q1FY23

The yield on the Indian 10-year government bond is currently trading at around 7.42%. Between April and June, the bond yield surged by 60bps to 7.42% on the back of recession fears and concerns over the fiscal deficit.

NBFCs’ debt to become dearer by 85-105 basis points this fiscal

Crisil takes into account changing bank rates and a 165-bps repo rate hike this fiscal

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Financial services index outperforms Nifty in 10 years: Here are the advantages the sector has over banks

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