Best NBFC stocks to watch this year

Why Invest in NBFC Stocks?

– NBFCs play a crucial role in lending to underserved sectors like MSMEs and rural markets.
– They complement the banking sector with niche offerings and faster services.

Bajaj Finance

– Focus: Personal loans, EMI financing, and wealth management.
– Why It’s Promising: Consistent growth, high asset quality, and digital-first initiatives.

Muthoot Finance

– Focus: Loans against gold and small-ticket lending.
– Why It’s Promising: Strong presence in rural markets and resilient performance during economic fluctuations.

Cholamandalam Investment and Finance Company

– Focus: Vehicle loans, home loans, and SME lending.
– Why It’s Promising: Well-diversified portfolio and strong rural penetration.

LIC Housing Finance

– Focus: Affordable housing loans and project financing.
– Why It’s Promising: Growth in housing demand and supportive government policies.