Why NBFCs are growing faster than banks, JM Financial analyst explains
Non-banking financial companies (NBFCs) are likely to outperform banks in the financial year 2026-27 (FY27) as stronger earnings growth, robust loan expansion and stable asset quality trends create a favourable backdrop for the sector, according to Ajit Kumar, BFSI Head (Banks, NBFC, Insurance & Capital Markets) at JM Financial Institutional Securities. He is particularly bullish…
