Non-lending financial service companies are better placed than banks in a rate cut scenario: Report

New Delhi [India], October 7 (ANI): The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by Deven Choksey Research.

The report noted that the non-lending financial services like life insurance companies have demonstrated a stronger ability to adapt to changes in interest rates. This is largely due to their stable