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
BUSINESS
Moneycontrol Pro Panorama | India: Young, restless, and hopeful
In today’s edition of Moneycontrol Pro Panorama: A deep dive into the equity market outlook, can India push the learning curve up, Musk and Zuck show reeks of megalomania, the mega 2024 battle hots up, and more
BUSINESS
Is RBI’s CRR twist a one-time operational tool or a sign of more?
At the press meet following the release of the policy statement, Das said that the RBI has tools beyond the policy rate to respond to inflation and the incremental CRR is one of them.
BUSINESS
Is Q1 as good as it gets for India’s banks?
Signs of moderation are already visible, and analysts are noting in their reports that banks won’t be able to hold on to their fat net interest margins or even balance sheet growth for long
BUSINESS
How long RBI pauses would depend on how strong growth is
While the outlook on inflation is uncertain, what will really move the needle for RBI is how strong the economy remains
BUSINESS
Moneycontrol Pro Panorama | America’s problems shouldn’t be the world’s headache
In today’s edition of Moneycontrol Pro Panorama: M&M’s move to buy stake in RBL Bank, Power Grid and NTPC's over ambitious capex plans, the DPDP Bill is a little too opaque, should you take the FII bait, and more
BUSINESS
IDFC First Bank needs an opex fix to remain in good books of investors
IDFC First Bank has made hefty investments in tech and personnel as it grew its business. While most of the positives have been baked into market valuations, elevated operating expenses are a dampener
BUSINESS
Moneycontrol Pro Panorama | Here is another Ken for our bank Barbies
In today’s edition of Moneycontrol Pro Panorama: Could AI change the face of Indian agriculture, fall in bank CASA deposits concerning, states must fill gaps to boost exports, Fed’s hawkish stance poses risk for market, and more
BUSINESS
Canara Bank: Can this Jhunjhunwala bet beat its industry peers?
The bank’s cautious approach to lending and focus on increasing CASA deposits give it a positive outlook, but its performance is still below its peers and prospects will depend upon performance in the coming quarters.
BUSINESS
Bajaj Finance’s near perfect Q1 is ironically a worry for investors
For consistent performers like Bajaj Finance, the margin of error is extremely low as their performance is taken for granted.
BUSINESS
MC Interview: Canara Bank is focused on CASA growth, says MD Raju
Aside from introducing new targeted CASA products, the bank is looking to rationalise and optimise its network and operations before planning an expansion.
BUSINESS
Once destroyed by it, Yes Bank must do corporate lending right this time
In its second innings, Yes Bank needs to learn all the lessons it can from the misdeeds of its past chief that decimated its balance sheet.
BUSINESS
Moneycontrol Pro Panorama: When banks look like Barbies
In today’s edition of Moneycontrol Pro Panorama: Infosys’ revenue guidance shocker, HUL’s steady run, monsoon magic is on, Dunzo’s fortunes dim, stay off emotions in investing, capex cycle turnaround and more
BUSINESS
ICICI Prudential Life’s rerating odds have improved despite lukewarm Q1
But whether investors will bite depends on how the life insurer performs in the coming quarters. The stock trades at an embedded value multiple that is lower than peers such as HDFC Life and SBI Life Insurance, who are scheduled to release their Q1 results shortly.
BUSINESS
Three banks' earnings reinforce some cliches, break others
While public sector banks, including Central Bank of India, have reported improved performance consistently for several quarters now, their strength relative to private sector lenders is still wanting
BUSINESS
Moneycontrol Pro Panorama | Sticking the landing
In today’s edition of Moneycontrol Pro Panorama: India's future in space exploration hinges on Chandrayaan-3, prudent measures needed to limit flood damage, high interest rates could hit home loan growth, India risks losing the semiconductor race, and more
BUSINESS
As fintechs give a new look to the old game of lending, banks must be vigilant
Be it just plain distribution or more involved co-lending, fintechs tend to onboard riskier loans. Banks must keep in mind that bad loans are sowed in good times
BUSINESS
Utkarsh Small Finance Bank’s IPO will test investor interest in microfinance
Utkarsh Small Finance Bank Ltd is offering its equity to investors at Rs 23-25 per share and is targeting to raise Rs 500 crore through the IPO.
BUSINESS
Moneycontrol Pro Panorama | Switching gears in earnings season
In today’s edition of Moneycontrol Pro Panorama: Cochin Shipyard shows major improvement in earnings, sharp improvement in margins of FMCG firms, crude oil deserves more investor attention, death of the dollar, and more
BUSINESS
Banks’ growing reliance on CDs shows hunt for deposits is only getting intense
According to analysts at India Ratings Ltd, the share of CDs in the incremental deposits of banks has risen to 12.5 percent in FY23 from 6.5 percent in FY22
BUSINESS
Is MPC member Jayanth Varma just a contrarian or ahead of the curve?
Given his high ratio of dissent, market participants seem to perceive Varma as a constant contrarian voice. Varma’s dissent has not been for the sake of sounding contrary. In fact, many times, he has been able to flag upcoming challenges in his dissenting voice.
BUSINESS
NBFCs chasing retail loans makes for an uneasy cheer
The share of retail credit has expanded to 31.2 percent in FY23 from 26.1 percent in FY19 for NBFCs. Retail loans grew at a scorching 31.3 percent in FY23 even as overall loan growth was 16.1 percent
BUSINESS
Moneycontrol Pro Panorama | A shiny banking system must respect risk
In today’s edition of Moneycontrol Pro Panorama: Indian rice exporters left in a lurch, quick action needed to tackle flood damage to economy, real urban wages decline reflects inflation impact, EV sector among bright spots for investments, and more
BUSINESS
SBI Card’s growth is remarkable, but potential profits are not
For SBI Card, the downside of the spends is ironically its focus on growth. Chasing growth has meant tapping into geographies with lower per capita income and spending power such as small towns
