Economic TimesLean R·
Bajaj Finance, L&T Finance poised to benefit as NBFC earnings recovery broadens: Siddhartha Khemka
India’s non-banking financial companies (NBFCs) appear to be entering a more broad-based phase of cyclical recovery, with first-quarter FY27 results pointing to improvement across growth, asset quality, margins and operating leverage. The recovery is also beginning to feed into earnings expectations, with upgrades coming earlier than typically seen at this stage of the financial year.What stands out this time is that the earnings improvement is not being driven solely by lower provisions. Loan …
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