Business News›Wealth›Invest›Can a small finance bank be the next HDFC Bank in the making for equity investors?
Can a small finance bank be the next HDFC Bank in the making for equity investors?
Synopsis
Though the risks SFBs take are on the higher side, the business growth has also been higher. So, if you are planning to invest in these stocks you need to be extremely careful in selection.
The banking landscape in India changed when the sector was opened up in the '90s. Not only did it benefit customers by giving them access to world-class products and services, it was also the start of a rewarding journey for equity investors. Those who invested in these new-age private banking stocks in the early days and stayed invested for a long period saw their wealth growing by hundreds to thousands of times. In 2015, the sector got
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