Best Picks among NBFCs

Written by Research_Sumit On Monday February 29, 2016 09:47 AM
Best Picks among NBFCs

The most of public sector banks(PSBs) have reported significant decline in their net profits for Q3FY16 orsome have even reported losses due to higher provisioning for grossnon-performing assets following the Assets Quality Review done by RBI. On anaggregate level, the gross NPA ratio of PSBs has increased to 7.2 % in Q3FY16from 5.6% in Q2FY16 whereas private sector banks’ gross NPA ratio has increasedto 2.5% in Q3FY16 from 2.2% in Q2FY16. The provisions made by PSBs in Q3FY16have jumped up by 94% sequentially. The gross NPAs of the six NBFCs (HDFC,Dewan Housing Finance, LIC Housing Finance, GIC Housing Finance, ShriramTransport Finance and Repco Home Finance) on the other hand were marginallylower in Q3FY16 at an average of 1.6% compared to 1.8% in the same quarter lastyear.



Clickhere to read more…
1 reply
  • NehaMarch 04, 2016 04:59 PMnehapdewani@gmail.comOne of the good report on financing sector and posted on right time but there are many NBFCs which are still growing at a fairly nice clip and available at reasonable valuations and that is not cover in your report like GIC housing Finance..
Leave a Reply
Top Discussions
02 JAN 2017 Financial ResolutionView0 comments
Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.....Issued in the interest of investors.  |  No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. |  KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Dear Client, Pursuant to SEBI regulation, update your KYC details through KRA form with supporting documents at earliest to complete KYC-KRA requirement. If already submitted, kindly ignore. For any information, in this regard, please contact to our KYC Department on 022-66556772/73/74 or email at
  • NSE - INZ 230012635 | 
  • BSE - INZ 010012839 | 
  • MCX - IN2000026431 / FMC : MCX/TCM/CORP/0598  | 
  • NCDEX - IN2000026431 / FMC : NCDEX/TM/CORP/1138 | 
  • CDSL – IN-DP-CDSL-727-2014  | 
  • PMS - INP000003492  | 
  • RESEARCH – INH000002343
  • © Copyright 2015. SATCO CAPITAL MARKETS LTD. || Designed Developed & Content Powered By Accord Fintech Pvt.Ltd.
VISIT COUNT     3249