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Financials: Make or break sector

But, bank NPAs are alarming and NBFCs are a play on pick-up in household consumption

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Financials

Devangshu Datta 



NBFCs lure depositors with higher returns

It’s well known that a large number of Indian active diversified equity (DE) funds beat their index benchmarks consistently, year after year. It’s also well known that this is unique to India. In every other major economy, active funds underperform their benchmarks as a group.

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First Published: Sun, October 01 2017. 19:07 IST

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