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Rohan Saha

Founder - Burn Inves... • 8m

In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or the sector will revive from here or remain where they are, because the chances of going further down are low. If it does go down, it will be interesting to see how much. Two days ago, Axis Bank announced its results, which caused a slight bounce in the private banking sector. Now, we are waiting for the results of India’s largest banks.

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Anonymous 1

Hey I am on Medial • 8m

Banks nifty has been affected quite seriously is what i feel after the new norms

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YES

NO, why

Votes: 13

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Mahendra Lochhab

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In 2021, the NBFC sector was valued at Rs 54 Lakh crores, which was 25% of the banking sector's asset size.

3 Replies

Mahendra Lochhab

Content creator • 1m

As per RBI statistics, the size of NBFC sector was pegged at Rs 54 Lakh crores in 2021, which was equivalent of 25% of the asset size of whole banking sector.