Is the clean-up behind them? Time to look at smaller NBFCs without bias? 6 NBFC stocks with an upside potential of up to 30%
When a sector has too many weak players they eventually get weeded out. Either by market forces or by a regulatory clean-up. For instance, this happened in the power and construction sectors. After a major crisis hit the NBFC sector some eight years back, the RBI stepped in to undertake a clean-up. The clean-up, however, has been a gradual process for this sector. So, have we reached a stage where we can forget about past scandals and look at companies in the sector once again?