BUSINESS
Canara Bank has its intent in the right place, but not numbers
Canara Bank has given a conservative guidance for FY25 where it expects loan and deposit growth to be lower than FY24 and net interest margins to contract.
BUSINESS
In the margin game, public banks are between a rock and a hard place
The compulsion to increase market share and attract more deposits has meant that public sector banks have seen a bigger erosion in net interest margins. The increase in risk weights on select loans has also hurt these banks
BUSINESS
RBI’s draft norms remind banks of building an umbrella for credit risk
For the RBI, the lessons from the punishing bad loan cycle triggered by infrastructure loans are the reason behind the tighter norms
BUSINESS
Kotak Mahindra Bank’s Kashyap warns of irrational pricing in SME loans
Loan mispricing is continuing in corporate lending, especially in the SME space now, says Paritosh Kashyap. Even though Kotak Mahindra Bank wants to disproportionately grow its SME book, but it wants to wade carefully here.
BUSINESS
ICICI Bank is winning with a lot of luck, a little bit of grit
ICICI Bank wins in two key metrics, beating its peers. Its deposit growth is superior and its operating expenses are not out of control as is seen with other lenders
BUSINESS
The questions raised by RBI's restrictions on Kotak Mahindra Bank
Business restrictions globally are used in extreme cases of malfeasance, fraud or questionable conduct of the entity. The RBI’s actions on Kotak Mahindra Bank may seem harsh in light of global practices.
BUSINESS
RBI’s State of the Economy makes a dash for long-term high growth
The RBI’s Bulletin highlights that India must grow 8-10 percent per annum over the next decade to reap benefits from its demographic dividend arising out of a young population
BUSINESS
The dollar is back! Should the rupee brace for more record lows?
Investors believe that the RBI would manage the Indian rupee’s depreciation and record lows have begun to matter less as they seem to be by design and not by surprise.
BUSINESS
Global policymakers must heed IMF’s warnings on private credit
The linkage between private credit and traditional institutions such as banks, pension funds, sovereign wealth funds and others make it imperative for regulators to keep a close eye on deals.
BUSINESS
Should small business loans begin to bother RBI?
MSME loans are the fastest growing segment, second only to retail loans. Further, small business loans given to individuals have surged and early stress is already visible.
BUSINESS
Moneycontrol Pro Panorama | Deluded expectations
In this edition of Moneycontrol Pro Panorama: India’s coal power project biggest next only to China, the fall and fall of the rupee, India’s skills problem need a deeper rethink, PM Modi seeks to repair ‘abnormal’ relations with Beijing, and more
BUSINESS
Bandhan Bank: Ghosh’s exit leaves much to fret about for investors
Bandhan Bank has set up an internal committee and would likely find an outside candidate to fill Ghosh’s shoes. The prospect of an outsider brings its own set of worries for investors.
BUSINESS
Moneycontrol Pro Panorama | RBI Monetary Policy: The elephant has left the room
In today's edition of Moneycontrol Pro Panorama: What is the future of India’s F&O traders, some financial rules to not take seriously, TMC's corruption charge could shape poll outcome, ISIS attacks show the war on terror is not over, and more
BUSINESS
Aditya Birla Capital has many things going for it apart from merger
The merger with its subsidiary has little economic benefit to Aditya Birla Capital. But the company has several factors working for it, from digital initiatives to robust asset quality that could reward investors in the coming quarters
BUSINESS
It’s all about growth in April policy for an inflation-obsessed RBI
It is a widely held belief among private forecasters and even policymakers that India’s potential growth is 8 percent. If GDP growth for FY24 comes in at 8 percent, that means the economy has reached its potential despite severe uncertainty from global markets
BUSINESS
Bond market shows mighty appetite, swallows record state bond supply
Strong demand from foreign investors for central government securities and states’ demonstration of fiscal prudence has ensured that demand for even a bloated quasi sovereign bond supply remains strong.
BUSINESS
RBI report shows India has a friend in growth, a frenemy in inflation
The RBI’s state of the economy report surmises that the Indian economy is experiencing a conducive macroeconomic configuration that can be its launching pad for a step-up in its growth trajectory
BUSINESS
Moneycontrol Pro Panorama | Markets need their Vitamin D too, as disclosures make them stronger
In today's edition of Moneycontrol Pro Panorama: More NBFC's piled in past three years, simultaneous polls may not be an unalloyed good thing, India’s next growth cycle is different, a PSU stock worth its weight in diamond, and more
BUSINESS
Moneycontrol Pro Panorama | The road to stability is paved with penalties
In today's edition of Moneycontrol Pro Panorama: EFTA model and its replication for future deals, surging cotton price adds to woes, IIP contradicts GDP data, Maldives’ growing closeness with China explained, and more
BUSINESS
A Fed cut in June, rupee at 82 could add to India’s appeal: Bank of America's Adarsh Sinha
Everything we've heard from Fed officials so far suggests the median would still be three rate cuts and the June cut is still on the table
BUSINESS
RBI’s crackdowns show chase for higher returns breeds callous lenders
A scorching IPO market has made it more appealing for NBFCs, typically used to more flexible operations than banks, to ignore regulations just to grab the opportunity to make a quick buck through financing these.
BUSINESS
Is the craze for public sector bank stocks warranted?
The narrative that capex-driven credit would be met primarily by public sector lenders could be put to test as private banks have increased lending in recent times
BUSINESS
Moneycontrol Pro Panorama | Welcome to the rate cut bingo!
In this edition of Moneycontrol Pro Panorama: RBI faces stiff challenge from stubborn food inflation, India faces a retirement dilemma, investors advised caution as private capex action heats up, airport wheelchair policy needs a revisit, and more
BUSINESS
The curious case of India’s core inflation fall
An inflation targeting monetary policy and fall in global commodity prices explain the deceleration in core inflation in recent times. This fall in core inflation does not indicate a weakening of demand
