Syndicate Bank is a high beta stock , it would be very foolish to think that it will only go down, in the past its made huge upmoves, nothing can obly go down and nothing can only go up, PSUbanking stock have taken a direct hit for long & have been cleaning the balance sheets , but like all process
11.05 PM Aug 31st
RBL bank MCap @11000cr is 4x of Karnataka bank which has 4x branches, 2.5x BV , 1.5x Net profit , 2X total Business. and i think just 20% retail business vs 45% for karnataka Bank. sourced this from Twitter, but shows how good value still some of these banks like Ktk are. investors shud look to buy
10.59 PM Aug 31st
Chanda`s predecessor sacrificed safety for growth and left a bleeding bank. Reputation damage takes years (even decades) to heal up. The core damage also takes time. Chanda did a good job in freezing high default products for sometime, however, I trust their risk management is still not in eclectic
10.45 PM Aug 31st
Exhorting lenders to analyse the root cause of the bad loans problem, Banks Board Bureau Chairman Vinod Rai today said there is need for a "banking redux" where sectors like infrastructure restart getting credit, failing which "we would be stifling growth".
10.28 PM Aug 31st
to the market which is going to be in surplus. Low inflation will leads to more room for rate cuts: This will make loans cheaper will act as catalyst for infra boom, banking and consumer goods, GST implemention in most of states by april 17. Automotive sector will boom with implementation of GST. Current
9.53 PM Aug 31st
Thanks DKA. I am overwhelmed by your words. In psu banks I like canara bank as well as OBC My first pick is canara bank. Canara bank can head to 350 levels over next 6 months and obc has target of around 160-170. Need patience. As its a high beta play do not invest too much there. Diversify
9.50 PM Aug 31st
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