Hemang Jani, Independent Market Expert, has recommended Bajaj Finance for investors seeking stable returns of around 18-20%. According to Jani, Bajaj Finance has been delivering healthy growth in assets and parameters. However, Jani suggests that for investors looking for growth, it would be better to consider banks like Axis Bank or ICICI Bank, which offer better growth prospects due to higher valuation comfort.

Jani highlighted that Bajaj Finance continues to deliver very healthy growth in assets and most of the parameters. Although it may not outperform significantly, it is still considered a recommended stock for investors seeking stable returns at the current price point or valuations.

In terms of growth, Jani emphasized that banks like Axis Bank or ICICI Bank would offer much better growth prospects. This is primarily due to the higher valuation comfort provided by these banks compared to Bajaj Finance.

Overall, Jani’s recommendation is to consider Bajaj Finance for stable returns, while Axis Bank and ICICI Bank are suggested for better growth prospects.