Such a well established bank that KTK is, compared to UNESTABLISHED IDFC that just got New Bank License, IDFC`s price/book is twice that of KTK; considering all the angles KTK should reach atlest Rs300 to reach same Price/Book as that of IDFC i.e a ratio of 1.44
10.06 AM Apr 5th
Yes. Currently there are too many banks even though last license was given 10 years back. More the number of new banks, the regulation gets stricter. Some of the applicants for new bank license have poor corporate ethics and cannot be given banking license.
6.14 PM Apr 3rd
Shriram CAPITAL (not Shriram Transport) is a good candidate for a new banking license due to strong focus on rural penetration and inclusion. It remains to be seen how the NOFHC will deal with subsidiaries like Shriram Transport and Shriram City in which Shriram CAPITAL owns majority Promoter stake
12.18 PM Apr 2nd
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