If there is any change in this policy, the market will definitely react negatively to it. If it gets passed on to the oil marketing companies, they may have to subsidise the oil losses. Earlier, it used to be a whole bucket of private sector banks. I am recommending both the buckets; the retail as well as the corporate are to be bought.The other hunting ground is NBFCs. we have seen historically that most of the predictions do not seem to come out close to what really happens.
Source: Economic Times April 16, 2018 04:41 UTC