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Bajaj Finance , L & T Finance poised to benefit as NBFC earnings recovery

economictimes.indiatimes.com · Business · 2026-08-29

Bajaj Finance , L & T Finance poised to benefit as NBFC earnings recovery

Indias NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, improving asset quality, lower credit costs and emerging operating leverage. Earnings estimates are also being upgraded, raising expectations of sustained profitability and a potential valuation re-rating across leading lenders. Bajaj Finance , L & T Finance poised to benefit as NBFC earnings recovery broadens : Siddhartha Khemka.

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