Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….

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Paisabazaar is PB Fintech’s Achilles heel

Paisabazaar is PB Fintech’s Achilles heel

Source: Live Mint The September quarter (Q2FY25) result of PB Fintech Ltd was a mixed bag. Revenue from its core business of online insurance broking through Policybazaar.com grew 41% year-on-year to ₹624 crore. The surge was aided by a 49% rise in insurance premiums collected online. Revenue rose at a slower rate than premium, indicating…

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