BUSINESS
IDFC First Bank’s 5-year plan needs an opex fix
IDFC First Bank wants to expand its branches to bring in more deposits, a strategy adopted by almost every bank. But keeping operating expenses under control could be a challenge.
BUSINESS
ICICI Bank’s Q3 could reinstate investor faith in bank stocks
ICICI Bank’s net interest margin for the quarter stood at 4.43 percent, far superior to HDFC Bank’s 3.43 percent. The management has guided that margins for FY24 will remain similar to the previous financial year
BUSINESS
Moneycontrol Pro Panorama | Davos diaries and the Indian leap of faith
In today's edition of Moneycontrol Pro Panorama: Indians making investment changes as per tax resets, geopolitical risks will drive up oil prices, travel insurance to the rescue, sugar mills face another hit, and more
BUSINESS
HDFC Bank’s profitability fails the return on assets test
Two metrics have emerged as a big red flag for investors: A 2 percent contraction in earnings per share and a greater contribution of tax writebacks behind the enviable 2 percent return on assets (RoA).
BUSINESS
Moneycontrol Pro Panorama | Spotted: Goldilocks buying bonds
In this edition of Moneycontrol Pro Panorama: India’s tax up to GDP ratio, VIX is not a great indicator for a traders, has Taiwan abated war risk post election, Bangladesh's cat-and-mouse game with India, and more
BUSINESS
Can India’s bonds best their 2023 show?
A surprise on the supply of bonds in FY25 is unlikely as the government has assured fiscal prudence. The anticipated demand from foreign investors, though, is tricky and would need some deft moves.
BUSINESS
Moneycontrol Pro Panorama | Budgeting for healthy banks
In this edition of Moneycontrol Pro Panorama: Investors await Q3 earnings, time for a second green revolution, don’t buy the multi-asset funds story blindly, Ram Mandirand the electoral gain for BJP and more
BUSINESS
Budget Snapshot: Healthy banks make for a wealthy government
The government is confident that its banks can run and grow on their own without help from it for funds. In fact, several public sector lenders have tapped the bond market and have plans to explore equity issue to raise money to grow.
BUSINESS
Budget 2024: It's time life insurers were weaned away completely from tax crutches
Tax changes announced in last year’s budget have hurt life insurers but the industry has bounced back. In fact, business growth has been better in recent months with a push for non-participatory products.
BUSINESS
Deposits, margins to keep banks busy in 2024
The banking industry had high and low points in 2023 but investors would have made more money buying the NIfty than the bank index. While hopes are pinned on a better 2024, banks have a lot of issues they need to fix
BUSINESS
Moneycontrol Pro Panorama | You have the option to lose money…or not!
in this edition of Moneycontrol Pro Panorama: Pakistan using Kashmir as smokescreen, startup investors need more principles, 'Aatmanirbhar India' needs a Chinese makeover, Aadhaar has turned a nightmare for the poor, and more
BUSINESS
Wide state bond yield spread benefits investors but won’t hurt states much
The interest payment and debt servicing expenditure has been 12 percent of states’ total revenue spends in FY23, marginally down from 13 percent in FY22.
BUSINESS
Moneycontrol Pro Panorama | It is time to let it go
In today's edition of Moneycontrol Pro Panorama: India in a position to dream big, a policy that spurs manufacturing and jobs needed, Qatar decision highligts India's bonhomie with Arab nations, China weaponising rare earth a crisis in waiting, and more
BUSINESS
Why never-better bank balance sheets aren’t enough for the RBI
The RBI has said that while a closely linked financial system is efficient and desirable, such links must be monitored as they can also become sources of stress at best and of instability at worst.
BUSINESS
Resilient services buoy current account in September quarter
The growth in the services surplus has ensured that the current account deficit remains low.
BUSINESS
Moneycontrol Pro Panorama | Happy Holidays: Sponsored by the RBI
In this edition of Moneycontrol Pro Panorama: What RBI crackdown means for investors, will equities score in 2024, MSMEs facing cash crunch, political risks mire India’s investment play in Africa, and more
BUSINESS
As RBI moves to sever lender-AIF link, SEBI must gun for more disclosures
The RBI’s measures towards evergreening look prudent and swift because of the access of in-depth data the regulator has from the lenders it regulates. But SEBI’s access to data is limited in AIFs, which is its shortcoming
BUSINESS
Merged or otherwise, PSBs aren’t the big movers anymore
The merger exercise of 2020 hasn’t arrested the market share contraction of public sector banks either. In FY20, PSBs accounted for 58 percent of the credit and held 62 percent of deposits which dropped to 54 percent share in credit and 59 percent of share in deposits by FY23.
BUSINESS
Using risk weights is not without risks for the RBI
Capital allocation may not necessarily become more prudent due to risk weight changes. Commercial compulsions may force lenders to reduce potential lending in less risky segments even as they meet increased capital requirements due to hike in risk weights of a specific loan segment
BUSINESS
Moneycontrol Pro Panorama | Markets resonate RBI Governor Das's optimism
In this edition of Moneycontrol Pro Panorama: Cyclone Michaung exposes threat of climate change, make hay while the sun shines, ethanol U-turn a big let down for sugar mills, as airlines struggle fliers feel the pinch, and more
BUSINESS
RBI Policy: Governor Das's optimism is a double-edged sword for markets
The RBI's optimism over GDP growth is not hollow, though this throws the probability of a pivot or rate cuts out of the window for now
BUSINESS
RBI policy: A series of fortunate events don’t make it easy
While easing core inflation gives reason to rejoice, what matters ultimately is the overall headline number. Food inflation is expected to give its share of trouble with farm output under a cloud
BUSINESS
Why is the Indian rupee a grinch in a Christmassy market?
The RBI has been a player on both sides of the market and intervening as a seller and buyer depending on the situation. That said, the bias has been to soak up inflows into domestic markets, preventing an appreciation of the rupee.
BUSINESS
Moneycontrol Pro Panorama | A sanguine turn of economic data
In today's edition of Moneycontrol Pro Panorama: EV push gains momentum in India, weakening US yields good news for investors, ESG factors power energy investment decisions, GDP upside may not sustain, and more
