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Shenoy sees UPI MDR and insurance reforms as opportunities

Positive+67

GreyOak summary

Deepak Shenoy of Capitalmind Mutual Fund suggests investment opportunities in financial services and insurance due to UPI MDR changes and regulatory reforms. He notes banks could benefit from MDR revenue while insurers might see improved profitability from restricted intermediary payments. Term insurance is highlighted as a specific opportunity within the sector.

What it affects

  • Financial ServicesPositive +67

    Banks and payment firms may gainRolling sentiment Neutral +7

Source

Read the original at CNBC-TV18

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