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HDFC-HDFC Bank merger's Rs 1.5 lakh cr gift to Bajaj Finance, Jio Financial & other NBFCs

While the entire sector stands to benefit, foreign broking firm Nomura thinks this is a big positive for Bajaj Finance and its housing finance subsidiary Bajaj Housing Finance Ltd, from a โ€˜liability-garnering and finer-pricing perspectiveโ€™
India General Param Subramanian Ajit Kumar Jio Financial Services Bajaj Housing Finance Ltd Housing Development Finance Corporation

Unsecured lending India: Unsecured loan provisions could dominate bank provisions by FY25: Nomura

Credit costs for unsecured loans could make up between 60% to 70% of the total provisions for large private sector banks in fiscal 2025 after a strong 26% growth in this segment the last five years. Unsecured loans contribute about 6% of overall system (incl. NBFCs), and contribute 11% for the banking system up from 8% in fiscal 2019.
Ajit Kumar Kotak Mahindra Ankit Bihani Parameswaran Subramanian Nomura Securities Unsecured Lending India

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jio financial share price: Jio Financial shares tank another 5% on Day 2. Should you join the sell brigade?

While RIL has an impressive track record in disrupting retail and telecom segments, analysts point out that lending is a different game from the perspective of underwriting, collection and analytics. "Building and testing these systems and underwriting algorithms may take a considerable amount of time. Further, JFSs execution capabilities would be clear only with time," Nomuras Ajit Kumar said.
Nomura Ajit Kumar Reliance Industries On Jio Payments Bank Jio Financial Services Jio Financial Reliance Industries

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