The Economic Times

Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years?

The RBIs expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBFC margins, lenders with floating-rate assets and strong liquidity could benefit. Brokerages favour HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and Tata Capital.