[ad_1] Despite concerns over high valuations in smallcap and midcap stocks, Venugopal Manghat, CIO-Equity at HSBC Mutual Fund, believes the market is nearing a bottom and offers strong investment opportunities. HSBC Mutual Fund, which manages $15 billion in assets, remains optimistic about India’s long-term economic trajectory. Manghat sees consumer discretionary and financial services—especially non-lending financial […]
PNB Housing Finance eyes 17-18% growth in retail loan book over next couple of years – CNBC TV18
[ad_1] PNB Housing Finance aims to grow its retail loan book, which is now about 98% of overall book, by 17-18% over the next couple of years. MD & CEO Girish Kousgi told CNBC-TV18 that the target is to increase the retail loan book to ₹1 lakh crore by 2026-27 (FY27), with a well-balanced distribution […]
Belstar MFI IPO expected in a year, says Muthooot Finance – CNBC TV18
[ad_1] George Alexander Muthoot, Managing Director of Muthoot Finance, on August 23 said that the initial public offering (IPO) of its subsidiary Belstar Microfinance is expected within the next year. Though the IPO is on the cards, Muthoot noted that there is no immediate rush as Belstar is a full-owned subsidiary of Muthoot Finance, which […]