BUSINESS
IndusInd Bank Q1 preview: NII, profit to grow in double-digits; margin pressure likely
Axis Bank's NII is pegged to rise 13.6 percent YoY to Rs 5,533 crore in Q1FY25
BUSINESS
Gold loan stocks to feel the pinch from duty cut as margin of safety shrinks: Analysts
Analysts believe that this reduction in gold duties could lead to lower gold prices, which could negatively impact gold loan companies in the near term by diminishing their financial cushion or 'margin of safety.'
BUSINESS
Axis Bank expects credit costs to go higher after Q1 asset quality declines
The management indicated that roughly 55 percent of the increase in credit costs was due to lower recoveries and upgrades in the corporate loan portfolio
BUSINESS
STCG tax hike impact on retail investors would largely be psychological: Sandeep Tandon of Quant MF
While the tax increase might affect trading volumes and liquidity in the short term, its long-term implications will depend on how investors adjust to the new tax regime, said Tandon
BUSINESS
Treating equities like other asset classes is flawed: Bharat Shah of ASK Group
Equities are much, much higher up the ladder in terms of risk asset and to harmonise the capital gains tax rate in the same way to some other asset probably is not the ideal comparison, Shah said.
BUSINESS
Capital gains tax hike not the first or last change for investors, more in store: Vikas Khemani
Khemani also highlighted his continued interest in PSU stocks, noting their strong performance in terms of asset quality, technology, and governance
BUSINESS
Bajaj Finance predicts margin stabilisation from September after Q1 compression
Margin contraction seen in the June-ended quarter was attributed primarily to higher funding costs as well as AUM composition, said Bajaj Finance
BUSINESS
Panic-selloff: Sensex, Nifty crash over 1% as FM hikes capital gains tax, STT on F&O in Budget 2024
Fear sentiment dialed up on July 23 after Finance Minister Nirmala Sitharaman hiked capital gains tax and increased securities transaction tax (STT) on futures and options (F&O) trading in the Budget presentation
BUSINESS
Why the Budget is critical for 'overvalued' stock market
“To be a better investor, you have to stand on your own.You just can’t copy other people’s insights.” - Li Lu
BUSINESS
Bajaj Finance Q1 preview: NII, profit to grow in double-digits YoY led by strong loan growth
Bajaj Finance is pegged to register 34 percent YoY rise in NII to Rs 9,042 crore
BUSINESS
Kotak Mahindra Bank's Q1 results evoke mixed brokerage views; stock down 3%
Brokerages offered mixed opinions on the stock, citing uncertainty over the timeline for lifting the RBI's digital banking ban, keeping margin and loan growth outlook in check
BUSINESS
HDFC Bank greenlights HDB Financial Services IPO, explores additional stake sale
Currently, HDFC Bank owns a 94.6 percent stake in HDB Financial
BUSINESS
Agricultural seasonality hurt asset quality in Q1FY25, says HDFC Bank
The management emphasised that excluding NPAs in the agricultural segment, the gross NPA would be 1.16 percent compared to 1.33 percent in Q1FY25
BUSINESS
Digital curbs impact Kotak Bank's unsecured loan book growth, margin in Q1FY25
Kotak Mahindra Bank reported a 20 basis points (bps) sequential drop in its unsecured loan book growth to 11.6 percent in Q1FY25 from 11.8 percent
BUSINESS
HDFC Bank Q1 results preview: Soft growth in loans, deposits to limit NII, profit gain QoQ
HDFC Bank's NII is pegged to grow up to 27 percent YoY to Rs 29,621 crore in Q1FY24, while profit is estimated to jump by 32 percent YoY to Rs 15,905 crore
BUSINESS
Kotak Bank Q1 preview: Loan growth to drive profit, NII; margin pressure likely
Kotak Bank is expected to clock up to 13 percent YoY growth in NII to Rs 7,087 crore in Q1FY25, said analysts
BUSINESS
Budget 2024: Home financiers root for revamped PMAY scheme, housing loan subsidies
Market observers predicting increased allocation under the Pradhan Mantri Awas Yojana (PMAY) and subsidies for housing loan borrowers in Budget
BUSINESS
Budget 2024: Insurers hoping for tweaks to tax rules to boost affordability of products
Insurnace firms eye multiple tax benefits from the government to enhance affordability of products and amendments to the Insurance Act 1938 to to support the 'Insurance for All by 2047' initiative
BUSINESS
Budget 2024: Bank bulls hope for privatisation announcements, boost for private capex
Indian banks are in excellent health. The industry has seen gross bad loans drop to a 12-year low of 2.8 percent in FY24.
BUSINESS
Brokerages bullish on HDFC Life's strong Q1 results, see room for margin, VNB growth
Brokerages remain largely bullish on HDFC Life stock, noting its confidence in handling the new surrender value norms, limiting their impact on margins, and gradually increasing the value of new business in the long term.
BUSINESS
New surrender value norms will not impact margins significantly, says HDFC Life
Surrender value is the amount a policyholder receives when they decide to terminate their policy before maturity.
BUSINESS
Short Call: One TCS does not make a summer, bearings may shine, better days for specialty chem, Raymond, ABB, Healthcare Global in limelight
The perfect (trading) strategy doesn’t exist.~ Tom Basso
BUSINESS
HDFC Life Q1 preview: New premiums to drive double-digit profit, but margin pressure to stay
The company is slated to release its Q1 results on July 15, 2024
BUSINESS
Craze for passive funds to continue, focus more on smart beta: Gurjeet Kalra of DSP Mutual Fund
Previously a favourite of institutional investors, passive funds are now a big hit with retail investors, Kalra said,
