Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Continues to de-emphasize on corporate loans: Loan growth was 8.4% YoY and 2.6% QoQ, lower than what we anticipated earlier in the year. </li></ul><div><div><div><div><ul><li>NII growth led by NIM recovery: NII increased by 84.4% YoY and 3.1% QoQ.</li></ul><div><div><div><div><ul><li>Slippages down but asset quality remains uncomfortable: Slippages declined by 18% QoQ to Rs8.01bn (corporate: Rs3.73bn, retail: Rs3.33bn).</li></ul></div></div></div></div></div></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Continues to de-emphasize on corporate loans: Loan growth was 8.4% YoY and 2.6% QoQ, lower than what we anticipated earlier in the year. NII growth led by NIM recovery: NII increased by 84.4% YoY and 3.1% QoQ.Slippages down but asset quality remains uncomfortable: Slippages declined by 18% QoQ to Rs8.01bn (corporate: Rs3.73bn, retail: Rs3.33bn).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

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