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The book value of bad loan sales to ARCs is likely to cross the Rs 10 lakh crore mark by next month from Rs 8.48 lakh crore in March 2023, the report said. The sector's growth rate is likely to moderate further to 5-6% next fiscal due to the cyclically low NPAs in banks and NBFCs.
~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest. His name is Rob Arnott and he is the Chairman and Founder of Research Affiliates, a firm who essentially patented the concept of fundamental indexing, pretty much they invented it, and I know Rob for a couple years. He was on the show in 2018 and his office just cranks out so many fascinating research pieces, hence the name Research Affiliates that after you read the third or fourth thing from somebody in a couple months, it’s like damn, I got to get Rob back on. This is some really in...