Financial An Evergreen Sector: Jinesh Gopani, Axis AMC
  • WebDesk BTVI
  • Jul 17 2019

Jinesh Gopani, Axis AMC, terming financial as an evergreen sector, says globally, financials have been a growth, secular and scalable story, asserts GDP growth rate of 6-7% for 10 years will lead to a 12% credit growth, expects valuable financial companies to grow at 15-20% in 10 years if they strategise their captial use, suggests investors to watch for asset quality base of companies before investing in those, and sees stress into banks coming on account of MSME loans.