Banking & NBFC

Independent equity research on Indian banking and NBFC stocks. Each Zumedha report values the company using methods suited to lenders, including residual income, earnings power (EPV), price-to-book and relative valuation, then sets a clear Buy Range, Sell Range and risk-and-catalyst view. Coverage spans private and public sector banks, small finance banks, housing finance, microfinance, gold loans, vehicle finance, and infrastructure financiers. Earnings in this sector depend on net interest margins, asset quality and credit costs, loan growth, deposit franchise strength, capital adequacy, and regulatory changes, and our reports test each of these against current valuations