Banking & NBFC Sector Outlook: Growth Surprises & Valuation Plays | Pranav Gundlapalle | ET Now #ETNOW
Banking & NBFC Sector Outlook: Growth Surprises & Valuation Plays | Pranav Gundlapalle | ET Now
Pranav Gundlapalle from Bernstein says credit growth in banks is a positive surprise, but margins remain the key focus. He prefers private banks like HDFC, ICICI, and Axis, sees selective opportunities in NBFCs such as Muthoot and Manappuram, and believes private banks offer better risk-reward than PSUs.
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