Branch2 Intelligence
L&T Fin to AU Small Fin - Five NBFC stocks that will react to their Q1 updates today
Key takeaway
AU Small Finance Bank deposits cross ₹1.5 lakh crore, signalling strong liability franchise growth.
- Step 11st-order: AU Small Finance Bank deposits cross ₹1.5 lakh crore; L&T Finance retail disbursements up 36% YoY.
- Step 22nd-order: Strong deposit growth and loan disbursements signal robust credit demand and liability franchise, boosting net interest income and earnings.
- Step 33rd-order: Positive earnings momentum attracts institutional inflows, re-rating the banking sector and lowering cost of equity for Indian financials.
Source: CNBC TV18 (Markets)
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