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VERIFIEDEconomic Times News·neutral

Banks vs NBFCs: Which stocks could benefit as RBI eyes rate hike for first time in 3 years?

AI Summary
  • ·The RBI's anticipated rate hike, the first in three years, may impact banks and NBFCs differently.
  • ·Higher funding costs could potentially reduce NBFC profit margins.
  • ·Banks with floating-rate assets and robust liquidity are positioned to gain from the rate hike.
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