Why Sandip Sabharwal will still avoid Paytm, Nykaa, wait for Q1
“People’s return expectations from financials from here on should be moderate and people should stick to the larger banks. It is premature to say this because the balance sheets have been improving constantly in terms of NPAs, GNPAs and net NPAs. But historically, whenever interest rates move up – 2-3% in a short period of time, we see a re-emergence of NPAs again.”
