Companies
HDFC Bank remains top pick as Deven Choksey favours large lenders for growth
Reported by: CNBC TV18 ·
Summary
CNBC TV18 reported that Deven Choksey, Managing Director at DRChoksey Finserv, remains positive on large banks and non-banking financial companies (NBFCs), and prefers HDFC Bank over ICICI Bank. The outlet said he cited improving credit growth, attractive valuations and steady foreign inflows as reasons. An NBFC is a company that lends and offers financial services without being a bank. Credit growth means the pace at which loans are given out. Valuations refer to how a share's price compares with the company's earnings. This is the analyst's view, not Hypeless's. The report does not give any figures, dates or target prices.
AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18
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CNBC TV18 · · Tone +1
HDFC Bank remains top pick as Deven Choksey favours large lenders for growth
Deven Choksey, Managing Director at DRChoksey Finserv, remains positive on large banks and NBFCs, citing improving credit growth, attractive valuations and steady foreign inflows. He prefers HDFC Bank over ICICI Bank,…
Some headlines quote an analyst. Those views are theirs, not ours.
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- What happened here, in simple words? HDFC Bank remains top pick as Deven Choksey favours large lenders for growth
- Where do the outlets differ in how they report this? HDFC Bank remains top pick as Deven Choksey favours large lenders for growth
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