Bajaj Finserv's model looks intact and may face a lesser brunt on the balance sheet than other non-banking financial companies (NBFC) after the cash ban, says Digant Haria of Antique Stock Broking. The company has a 20 percent loan against property.
He says the NBFCs may face challenges for the coming 1-2 quarters. He is confident that the demand for white goods may make a comeback after a couple of quarters.Watch video for more.
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