BUSINESS
Moneycontrol Pro Panorama | Indian consumption is faster, higher but not stronger
In this edition of Moneycontrol Pro Panorama: India needs a robust AI ecosystem, ITC shares going the HUL way, India's LGBTQAI+ community continues its struggle, India poised to make gains in space communications market, and more
BUSINESS
IndusInd Bank’s Q2 cheers on profitability, but some concerns emerge
Elevated operating expenses and low deposit growth are an industry-wide phenomenon and IndusInd Bank cannot be singled out by investors. But asset quality is where the lender can differentiate itself from the pack
BUSINESS
Moneycontrol Pro Panorama | Banking party is less exuberant, but not over
In this edition of Moneycontrol Pro Panorama: Israel attack raises fear of Islamic uprising, WPI steadily climbing away from deflation, China's investment fund idea may sour investor sentiment, poll-bound Rajasthan promises a nail-biting finish, and more
BUSINESS
HDFC Bank’s merger pain is not over yet
To meet merger costs, HDFC Bank borrowed from the market which increased its overall cost of funds. These will be replaced by deposits over time, the bank has said.
BUSINESS
Moneycontrol Pro Panorama | Smart money, foolish money
In today's edition of Moneycontrol Pro Panorama: Job creation of the right kind, how Hamas-Israel war affects Indian start-ups, pharma Q2 growth in India slows, common themes as observed across poll-bound states, and more
BUSINESS
Inflation: How expectations shape realities and vice versa
A one percentage point rise in near-term expectations is associated with about a 0.4 percentage point rise in current inflation. Lagged inflation and other factors together have a bigger impact
BUSINESS
Earnings gallop of banks to slow in Q2
The gap between deposit and credit growth will be reflected in compression of net interest margins and slowing of growth in net interest income of banks in the July-September quarter
BUSINESS
Moneycontrol Pro Panorama | RBI takes away bond market’s liquid courage
In today's edition of Moneycontrol Pro Panorama: World Cup presents exciting chance for investors, RBI wants personal loans monitored, large unlisted firms need a separate regime, India risks waning influence in its neighbourhood, and more
BUSINESS
Are Indians borrowing a little too much? RBI wants personal loans monitored
Between FY21 and FY23, the composition of secured and unsecured advances has changed during this period, with unsecured retail loans increasing from 22.9 percent to 25.2 per cent and secured loans declining from 77.1 percent to 74.8 percent
BUSINESS
A bird’s eye view of what RBI and its MPC can do
The policy stance gives the RBI freedom to play with liquidity, which it has been doing. Its market interventions make the central bank look like a duck, working furiously underneath a tranquil front
BUSINESS
Moneycontrol Pro Panorama | Oil in the Asian ointment
In today's edition of Moneycontrol Pro Panorama: Eurozone slump has surprises for Indian market, criticism can help refine ESG framework, time for India to up peace initiative in Ukraine, bank reforms urgent as climate goals wait, and more
BUSINESS
Record high MSF points to elevated money market rates
Most analysts believe that the RBI would keep liquidity in deficit mode or near deficit mode to keep short-term money market rates elevated
BUSINESS
For HDFC Bank, FY24 is a speedbump year
In the near term, analysts expect moderation in net interest margins and operating profit growth for HDFC Bank
BUSINESS
RBI’s investment rule rejig has a little freedom, lots of discipline for banks
In a nutshell, the new rules would instil more treasury discipline on banks and greater transparency through disclosures that show how banks are managing their portfolios.
BUSINESS
What explains the volatility in short-term interest rates?
The I-CRR was not only highlighted as a temporary measure to neutralise liquidity but also as one of the tools in inflation management. With an expanded liquidity toolkit, the RBI’s liquidity policy has become more difficult to gauge for the markets
BUSINESS
Moneycontrol Pro Panorama | DPI, UPI, AI and finding a tech Neverland
In this edition of Moneycontrol Pro Panorama: China's dam in Tibet proves costly for India, cries about AI safety gains momentum, can IT sector continue the good times, is RBI privatisation next on cards, and more
BUSINESS
India’s growth outlook through the lens of bank credit
There has been a slowdown in headline credit growth in recent months but retail loans and credit to services have held up. Analysts believe that loan growth is broad-based which augurs well for India’s economic health.
BUSINESS
A fickle corporate bond market is undermining monetary policy transmission
One reason for mispricing has been surplus liquidity and the RBI’s move to levy 10 percent incremental cash reserve ratio (CRR) on banks was based on this view. However, despite banking sector liquidity now near deficit, corporate bond yields haven’t climbed much
BUSINESS
India’s bad bank is up to no good
The twin structure of state-owned NARCL and its private sector resolution agent IDRCL is not cohesive. Difference between the two, including a power tussle, mars the overall recovery process
BUSINESS
NBFCs risk profitability if they binge on unsecured loans
The share of unsecured lending could rise to 18 percent of NBFCs’ loan book by FY24 from 12 percent two years ago, according to ICRA
BUSINESS
Moneycontrol Pro Panorama | There is no crash diet to get over inflation
In this edition of Moneycontrol Pro Panorama: Low interest rates a goal for debt sustainability, industrial growth needs more credit fuel, tanking Chinese economy sets alarm bells ringing, repricing sugarcane a more sustainable solution, and more
BUSINESS
Not weak or strong; rupee is going to be a calm currency in FY24
The RBI has been adjusting the rupee’s value downwards for several years, in tandem with the country’s growth and inflation. Analysts believe this bias will be maintained
BUSINESS
Moneycontrol Pro Panorama | RBI forecasts and butterflies
In today’s edition of Moneycontrol Pro Panorama: Market reaction to July inflation data, the war over submarine cables, Indian companies not interested in US Steel sale, time is ripe for India to grow stronger, and more
BUSINESS
It is time for RBI to do nothing but say a lot on inflation
Many times, the threat of action is more potent than the action itself. For inflation expectations to be under control, markets need to believe that the central bank won’t rest until 4 percent inflation is achieved
