BUSINESS
Will Unity SFB be able to unite PMC Bank depositors?
PMC Bank depositors have been severely wounded financially due to the long wait to get back their money. What’s more, a section of them believes the amalgamation scheme is a pyrrhic victory
INFOGRAPHIC
In Graphic Detail: It is time jobs become the centre of Budget
A lion’s share of employment generation in India is in the informal sector. Even as jobs have been lost, there has been greater formalisation of the economy with big companies gaining more market share and pushing out small firms.
BUSINESS
Budget 2022: One IPO to decide fate of divestment for two years
The LIC stake sale is key to meeting divestment targets and the government’s privatisation plans may get a push only after assembly elections.
BUSINESS
Budget 2022: Investors brace for another year of high bond supply
The government will need to borrow a minimum Rs 4.5 lakh crore to repay past loans, apart from continued spending to support an economic recovery
BUSINESS
In Graphic Details: A brief history of government borrowing
In graphic detail is a special short data series covering the Union Budget’s key elements over a long- term period.
BUSINESS
ICICI Bank is a darling of investors, what could go wrong?
ICICI Bank saw a 25.4% rise in net profit in Q3 but what stands out is that the growth comes from an 18 percent increase in core interest income unlike other banks where lower provisions have been the primary boost
BUSINESS
Budget 2022 | Implement old promises for banks before making new ones in the Budget
The start of the bad bank’s operations is stuck due to differences regarding its structure
BUSINESS
HDFC Bank gets growth back in Q3 but fees need a fix
HDFC Bank’s Q3FY22 was a mixed bag with core operating performance yet to reach its past prime. Net interest income growth remained around 14 percent, a decelerated expansion level post the pandemic.
BUSINESS
Did Paytm’s Vijay Shekhar Sharma just compare apples with oranges?
The founder has compared Paytm with consumer lender Bajaj Finance, raising eyebrows
BUSINESS
Will a good Q3 show by banks mean a great FY22?
Analysts expect lenders to report a surge in net profit as provisions may reduce with a dip in delinquencies
BUSINESS
RIL’s dollar bond bonanza may give wings to others
What works for Indian companies is the fact that they have deleveraged their balance sheet over the past several years. Further, the earnings performance of large listed Indian companies has been healthy in the past four quarters.
BUSINESS
India’s states face steeper costs as bonds price in inflation
The average cost of borrowing for states is at an 11-month high amid concerns over lower surplus liquidity and uncomfortable inflation levels.
MARKETS
Why can’t investors make up their minds about bank stocks?
Bank stocks are cyclical and tend to be a harbinger of the performance of other sectors and the broad economy, making them more volatile.
BUSINESS
In Q3, growth cheer for banks but bad loans matter
Analysts expect banks to report an improvement in earnings in third quarter as well as the full financial year. How the lenders manage the restructured loan pile and their provisioning cushion will determine valuations
BUSINESS
Will fiscal consolidation help bring down government borrowing?
Servicing its debt is going to be an uphill task for the government in the coming years due to the expansion in borrowing and the expected rise in bond yields.
BUSINESS
Credit cards: a ticking time bomb or storm in a teacup?
The Reserve Bank of India’s (RBI) financial stability report (FSR) shows that public sector banks saw delinquencies in their credit card portfolio surge to double digits by March 2021.
BUSINESS
Are retail loans as safe as they look for banks?
Retail loans can cause big trouble even if the performance is sound, as seen in the case of RBL Bank Ltd.
BUSINESS
2021: The year India’s bonds found long-term love in foreign investors
It remains to be seen whether Indian bonds would continue to attract stable funds in 2022 as well
BUSINESS
Banks may see some margin uptick as RBI normalises policy
An analysis by ICICI Securities shows that banks can expect margins to increase by 2-5 percent in the event of a 100 basis points increase in the benchmark rate
BUSINESS
A district in Maharashtra offers encouraging signs for a pandemic-battered credit industry
Nashik, the sixth-largest credit market in the state, is seeing a rebound in credit demand for most products as revealed by a study
BUSINESS
Watch the REER to know the rupee’s path
The real effective exchange rate (REER) is an indicator seldom tracked by the markets or even economists but it is a key input in the RBI's exchange rate policy and paying close attention to it serves well
BUSINESS
Bond market says easy money is over but Omicron could test this
Bond traders don’t expect the Centre to cut down its borrowing beyond a few zeros. Considering that the central bank may not be a big buyer, the onus of absorbing the supply will fall entirely on the market.
BUSINESS
Winter has come but financial stocks may just dodge the cold
What may work for Indian financial stocks are two factors--- the turn in the interest rate cycle and the bad loan cycle.
