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>Credit growth in line with peers: Net loan book increased by 15% YoY and 6% QoQ. Loan book growth was led by retail loans, which increased by 21% YoY and 9% QoQ.</li></ul><div><div><div><div><ul><li>Asset quality improves on the back of higher recoveries: Slippages in 4QFY22 stood at Rs39.81bn, down 4% QoQ and 25% YoY.</li></ul><div><div><div><div><ul><li>NIM impacted by higher growth in low-yielding segments: NII growth for 4QFY22 was 16.7% YoY and 1.9% QoQ.</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>

Credit growth in line with peers: Net loan book increased by 15% YoY and 6% QoQ. Loan book growth was led by retail loans, which increased by 21% YoY and 9% QoQ.Asset quality improves on the back of higher recoveries: Slippages in 4QFY22 stood at Rs39.81bn, down 4% QoQ and 25% YoY.NIM impacted by higher growth in low-yielding segments: NII growth for 4QFY22 was 16.7% YoY and 1.9% QoQ.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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