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NBFCs' growth pace to stay strong on loan demand, benign costs

In a note, ICICI Securities said earnings growth momentum for housing finance (HFC) and microfinance companies is likely to be better sequentially, helped by an upward repricing in asset portfolio after a 25 to 50 basis points hike in lending rates between March and April. One basis point is 0.01 percentage point.
Shreepal Doshi Icici Securities Equirus Securities Percentage Point

NBFCs' growth pace to stay strong on loan demand, benign costs

In a note, ICICI Securities said earnings growth momentum for housing finance (HFC) and microfinance companies is likely to be better sequentially, helped by an upward repricing in asset portfolio after a 25 to 50 basis points hike in lending rates between March and April. One basis point is 0.01 percentage point.
Shreepal Doshi Icici Securities Equirus Securities Percentage Point

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