Sector Other Financial Services - Latest news, views and updates

Other Financial Services

SECTOR | 04 Jan 2024

First Light | Diversified Financials

Other Financial Services

BOB Capital Markets Ltd.

Diversified Financials: Q3FY24 Preview Expect sustained growth momentum

Other Financial Services

SECTOR | 03 Jan 2024

Diversified Financials: Q3FY24 Preview Expect sustained growth momentum

Other Financial Services

BOB Capital Markets Ltd.

SBI Life forecast to deliver strong growth and steady VNB margins in Q3; remains our top life insurance pick

Other Financial Services

SECTOR | 22 Dec 2023

Credit Card data update

Other Financial Services

IDBI Capital

Other Financial Services

SECTOR | 29 Nov 2023

First Light | Diversified Financials

Other Financial Services

BOB Capital Markets Ltd.

Diversified Financials: Credit card spends hit festive high

Other Financial Services

SECTOR | 28 Nov 2023

Diversified Financials: Credit card spends hit festive high

Other Financial Services

BOB Capital Markets Ltd.

Sectoral credit card spends rose 27% YoY over Apr-Oct'23, with AXSB racking up the most market share and SBICARD holding steady

Other Financial Services

SECTOR | 09 Oct 2023

BFSI Q2FY24 Earnings Preview

Other Financial Services

Axis Direct

BFSI Q2FY24 Earnings Preview

Other Financial Services

SECTOR | 07 Oct 2023

HFCs

Other Financial Services

Prabhudas Lilladhar

Other Financial Services

SECTOR | 27 Sep 2023

Small ticket LAP: <10% penetration implies huge untapped opportunity

Other Financial Services

ICICI Securities Limited

Our recent interaction with financiers suggests most players are actively pursuing small ticket LAP (S-LAP) segment over medium ticket LAP. As per CRISIL MI&A, the estimated market size for S-LAP stands at INR 22trn, of which lenders have captured only INR 1.8trn (ticket size of up to INR 1.5mn) as on Mar’23, implying <10% penetration.

Other Financial Services

SECTOR | 26 Sep 2023

Improving EBITDA growth outlook compared to past 5 years

Other Financial Services

ICICI Securities Limited

The combination of AUM growth and yield decline for asset management companies (AMCs) has led to moderate earnings growth for most AMCs over the last 5 years (aggregate EBITDA CAGR of 8.2% for listed AMCs between FY18-23). However, the current phase promises a better balance considering that stock AUM with upfront commissions may be much lower now in the system while better capital market may lead to an increase in equity mix (already seen in H1CY23).

Other Financial Services

SECTOR | 12 Sep 2023

Earnings trajectory remained robust for housing financiers despite pandemic, driven by credit cost remaining at <1%

Other Financial Services

ICICI Securities Limited

Profitability across NBFCs-HFCs remained robust during the past five years despite covid as reflected in RoA for select HFCs witnessing steady improvement to 2.9% by FY23 vs 1.8% / 2.2% / 2.4% / 2.4% / 2.7% during FY18 / FY19 / FY20 /FY21 / FY22, respectively.