Bharat Financial has a strong network across rural market in India and it will be a win-win if a bank like IndusInd is able to acquire it, says Digant Haria, Antique Stock Broking.
For the first two weeks after the cash ban the collections were down by 50 percent, says V Vaidyanathan, Executive Chairman of Capital First.
Digant Haria of Antique Stock Broking 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.
In an interview to CNBC-TV18, Digant Haria, AVP Research, Antique Stock Broking spoke about upcoming initial public offering (IPO) of PNB Housing Finance.
In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.
Digant Haria of Antique Stock Broking and Sanjiv Bhasin of IIFL discuss their outlook on Bharat Financial Inclusion on CNBC-TV18's show Bull vs Bear.
Digant Haria of Antique Stock Broking says company will see a strong growth of 45-50 percent in FY17, but growth will taper off in FY18-19, he said.
Given the attractive valuation and potential upside, the stock is quoting at reasonable level, says Digant Haria of Antique Stock Broking.
In an interview to CNBC-TV18, Digant Haria of Antique Stock Broking and SP Tulsian of sptulsian.com shared their views on the results and their expectations on the way ahead.
Digant Haria, AVP Research at Antique Stock Broking gave believes outlook of microfinance companies look positive.