HomeNewsBusinessStocksAU SFB Q2 FY24 – How should investors look at the Fincare SFB acquisition?

AU SFB Q2 FY24 – How should investors look at the Fincare SFB acquisition?

A tilt towards high-yielding unsecured lending in the build-up phase of the bank needs careful monitoring

Madhuchanda Dey

October 31, 2023 / 09:59 IST

AU SFB Q2 FY24 – How should investors look at the Fincare SFB acquisition?

With the bank going in for the high-yielding asset strategy as the fight to garner deposits at competitive rates continues, we see structurally higher credit costs

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More