Fintech-powered NBFCs beat PSU banks on growth despite lower valuations, says Deven Choksey
Published on: Jan. 19, 2026, 9 a.m. | Source: The Economic Times
PSU banks are emerging as value buys, but fintech-led NBFCs and large-cap IT stocks offer superior risk-reward, says Deven Choksey. Falling interest rates are easing funding costs, while technology adoption is driving faster loan growth and operational efficiency. Large IT firms benefit from strong order wins, AI-led productivity gains, and limited downside risk.
