@PP1: The past NPA figures, risk of new lending is common with all banking and financial stocks. Didn’t stop HDFC Bank, Kotak Bank, Gruh and Bajaj Finance from becoming 100+ baggers. Even risky Yes Bank is up 20 times in last 11 years since it’s IPO. In this industry, most important thing is to manage lending risk. Growth should be lower priority. And HDFC group is known for doing this for decades. Hence market’s bullishness on Gruh.
| Subscribe To Our Free Newsletter |
