Budget & Banks - Public Sector
Reactions
Ninad Karpe, CEO & MD, Aptech Limited
The FM has sought to give a stimulus to the sector by introducing monetary support for education in the form of bank loans at easy terms. The interest subsidy f...
Vidur Bharadwaj, Director, 3C Company
Home loans and interest rates have not been touched at all....
Sanjay Sinha, CEO, DBS Cholamandalam Asset Management
The budget has disappointed on major policy announcements that are any way a cornerstone of its long term economic policy such as a more ambitious disinvestment...
Sanjay Sakhuja, CEO, Ambit Corporate Finance
I would have loved the budget to be accompanied by large scale reforms. I was quite looking forward to an announcement of greater FDI in insurance and maybe eve...
DD Rathi, Director, Grasim
I have always held the view that interest rates at the moment are not stated downward. The fluctuations if any on either side would be very nominal. I think tha...
Rajesh Relan, Managing Director, MetLife India Insurance Company Limited
From the Life Insurance Industry perspective, we were expecting the FM to give a road map for the insurance Bill. In that regard the budget was a disappointment...
Vallabh Bhanshali, Chairman, Enam Securities
The market was very unhappy with the debt waiver and National Rural Employment Guarantee Scheme (NREGS) last year and then the world melted and all these turned...
Samir Arora, Fund Manager , Helios Capital
For example, what was the harm in saying if it is going to happen a few days or a month that we want in insurance foreign direct investment to come in? We must ...
Uday Kotak, Executive Vice Chairman & MD, Kotak Mahindra Bank
With a lot of liquidity in the system, the additional borrowing that the government needs to do for the 6.8% will be absorbed by bond markets. What it will do i...
R Seshasayee, Managing Director, Ashok Leyland
I think the market has to be convinced that the borrowing programme that the government can indeed be absorbed without the flare up of the interest rate. I do n...
Deepak Parekh , Chairman, HDFC
I don't think the budget is an area where insurance liberalisation is going to be discussed. Importance of foreign capital was mentioned and in their normal cou...
KV Kamath, MD & CEO, ICICI Bank
Fiscal deficit number at 6.8% does not unnerve me. Certainly, we could have expected that it would be the number. Some statement as to what would be the next st...
| See how stocks within the sector have performed over the various time periods during the last 1 year. You can see the price as well as the percentage change for the relevant period over the current price. | ||||||||||
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Company | 1 Year | 9 Month | 6 Month | 3 Month | Last Price | ![]() |
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| Allahabad Bank | 140.70 -24.88% | 143.65 -26.42% | 168.85 -37.40% | 134.05 -21.15% | 105.70 | |||||
| Allahabad Bank | 140.65 -24.85% | 143.45 -26.32% | 168.80 -37.38% | 133.95 -21.09% | 105.70 | |||||
| Andhra Bank | 114.40 -26.40% | 107.65 -21.78% | 116.90 -27.97% | 97.65 -13.77% | 84.20 | |||||
| Andhra Bank | 114.40 -26.40% | 108.20 -22.18% | 116.70 -27.85% | 97.75 -13.86% | 84.20 | |||||
| Bank of Baroda | 669.60 -13.52% | 747.55 -22.53% | 861.35 -32.77% | 701.70 -17.47% | 579.10 | |||||
All Flashes
12:54
FY10 fiscal deficit at 6.8% of GDP vs target of 5.5%: FM
12:53
No change in corporate tax: FM
12:53
Goods and service tax from April 1, 2010: FM
12:53
Personal income tax exemption hiked by Rs 10,000: FM
12:53
Increase in personal income tax limit by 15,000 for senior citizens: FM
12:52
Surcharge of 10% on personal income tax removed: FM
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Impact Analysis
To Allocate Rs 2000 cr for Rural Housing Funds in National Housing Banks
Top Companies in this sector
SBI 2011.90 -33.80
PNB 692.10 -33.95
Bank of Baroda 579.25 -35.70
Canara Bank 362.00 -18.55
Bank of India 260.95 -19.30
Union Bank 202.85 -14.45
IDBI Bank 74.70 -2.10
Syndicate Bank 116.45 -4.80
Central Bank 63.80 -2.85
Oriental Bank 220.75 -14.00
Indian Bank 130.95 1.60
Corporation Ban 366.00 -11.15
UCO Bank 73.40 -3.60
Allahabad Bank 105.65 -4.20
IOB 55.35 -3.45
Andhra Bank 84.20 -1.50
SBIBIVR 10390.22 61.30
Bank of Mah 51.70 -2.05
State B Bikaner 416.00 -3.65
Dena Bank 79.55 -6.85
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