Is it time to dump NBFCs for banks? Sandip Sabharwal answers

“You cannot keep on changing your investment strategy so much as these foreign brokerages keep on doing where they keep on reacting to news and selling and buying stocks. So we have to pre-empt these moves. We need to monitor the asset quality over the next couple of quarters to see whether the risk actually plays out or not. If the risk does not play out, then at some stage, Bajaj Finance will become a buying opportunity.”