Bullish on Bajaj Finance, Repco Home Finance: Nitin Jain

Nitin Jain of Edelweiss Securities is bullish on Bajaj Finance and Repco Home Finance.

July 23, 2013 / 14:22 IST
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Nitin Jain of Edelweiss Securities told CNBC-TV18, "For the non-banking financial banking companies (NBFCs) not much has changed and these companies actually have tremendous pricing power. So even if the rate of borrowing for them goes up around 1.5 percent, they are generally able to pass it through unlike most banks and hence the return ratios are not going to suffer at least for the next couple of years."


"I will continue to maintain my very bullish stance on retail NBFCs and particularly amongst them are Bajaj Finance and Repco Home Finance," he said. Also Read: Open to setting up a bank, says Bajaj Finance
first published: Jul 23, 2013 02:22 pm

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