External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul><li>Mobile payments continue to gain incremental market share at a furious pace, constituting ~52% of retail digital P2M payments during 11MFY22</li><li>While the overall payments pool continues to grow at a strong pace, the rising share of UPI is driving the overall payments fee yields lower</li><li>Credit card spends continue to grow at a healthy clip, driven by gradual ramp-up in acquisitions, although portfolio re-leveraging has been slower</li><li>ICICI Bank continues to catch up with the market leader in terms of spends market share and emerges as a superior payments franchise on our proprietary P2M framework</li><li>BNPL volumes have continued to surge astronomically, with a few players beginning to clock meaningful scale in GMV.</li></ul><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>

Mobile payments continue to gain incremental market share at a furious pace, constituting ~52% of retail digital P2M payments during 11MFY22While the overall payments pool continues to grow at a strong pace, the rising share of UPI is driving the overall payments fee yields lowerCredit card spends continue to grow at a healthy clip, driven by gradual ramp-up in acquisitions, although portfolio re-leveraging has been slowerICICI Bank continues to catch up with the market leader in terms of spends market share and emerges as a superior payments franchise on our proprietary P2M frameworkBNPL volumes have continued to surge astronomically, with a few players beginning to clock meaningful scale in GMV.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.

Connecting The Dots: UPI drags payments fee yields; BNPL endgame ahead