NBFC Stocks in Focus: RBI’s upper‑layer rule change to have limited impact; Kotak Securities sees upside in Bajaj Finance, Tata Capital – Markets
NBFC Stocks in Focus: Non‑banking financial company stocks are in focus after the Reserve Bank of India simplified the framework for classifying upper‑layer NBFCs, a move that Kotak Securities believes will have no material impact on large listed players. Under the revised approach, any NBFC with assets exceeding Rs 1 trillion will automatically qualify as…
