Houseviews: 4 stocks to trade during Budget week
Mon, Feb 25, 2013 at 08:48
Brokerage: Morgan Stanley
Target: Rs 150
Rationale: RBI’s regulations on new bank licenses are unclear for NBFCs, which do not have a promoter group. Since, IDFC has no promoter, it is not clear who can form the required financial holding company, and whether it is eligible.