Growth outlook steady; getting future-ready under new leadership

Company

14 Oct 2024 | 5 Min Read

Nitin Aggarwal recommends buying BSE SENSEX S&P CNX at INR 187 with a target price of INR 230 (+23%)

FB shows strong growth over FY22-24 and an estimated 18% loan CAGR during FY25-27

New CEO expected to drive strategic changes for growth and profitability

Strong underwriting practices lead to healthy asset quality

Business ratios and efficiency ratios are maintained for the BUY rating

Data is based on estimates from MOFSL