BUSINESS
Winning the NIM game in FY24 will be tougher for banks
Banks are expected to do well on the back of loan growth and healthy asset quality. A key question investors will seek answers to is how will they perform on the net interest margin front in FY24
BUSINESS
MSME loans a weak spot in banks’ strong asset quality
Estimates by various stakeholders including rating agencies and lenders suggest at least 20-25 percent of MSME loans restructured during the pandemic can potentially turn bad
BUSINESS
Will NBFCs bond more with public issues?
The change in the tax regime for debt MFs could see NBFCs hit the public bond market to raise long-term money at attractive yields
BUSINESS
Backstop fund for corporate bond market needs to be backed by market making
While there is merit to launch a backstop fund as part of the market development, it is not enough and needs to be supplemented with other regulatory measures to improve the secondary market liquidity
BUSINESS
Digital lending ecosystem can learn from microfinance’s brush with RBI
Digital lending’s rapid growth led to questionable practices, forcing the RBI to lay down norms. They may be disruptive but the MFI sector’s experience shows it can be beneficial in the long run
BUSINESS
SVB spillover weighs on bank stocks but India’s financial sector stable
Experts pointed out that the fall in share prices of lenders was a kneejerk reaction and the SVB issue has no bearing on Indian banks because of the stability of the financial sector.
BUSINESS
India’s shadow lenders need to reinvent themselves. Will co-lending with peers work?
High rates and tight liquidity will keep borrowing costs elevated for NBFCs, possibly leading to a slowdown in loan growth
BUSINESS
Investors want SBI Card to make the most of growing credit card spends
Despite SBI Card performing well with its loan book expanding and asset ratios getting better, investors have been lukewarm on the stock
