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    HomeNewsBusinessEconomyRBI action threatens lenders' short-term funding: Analysts

    RBI action threatens lenders' short-term funding: Analysts

    Among private banks, Barclays highlights Yes Bank and IndusInd Bank as most reliant on short-term wholesale funding, while non-banking financial companies such as IDFC are also vulnerable.

    July 16, 2013 / 18:25 IST

    Financial companies that are dependant on short-term wholesale funding will be most impacted by the central bank's measures to curb liquidity, analysts say.

    Among private banks, Barclays highlights Yes Bankand IndusInd Bankas most reliant on short-term wholesale funding, while non-banking financial companies such as IDFCare also vulnerable.

    Also Read: Banks stocks crash on RBI moves to curb rupee volatility

    By contrast, Barclays says public sector banks such as State Bank of Indiahave little or no reliance on short-term wholesale funding.

    Meanwhile, Credit Suisse downgrades Kotak Mahindra Bankand IndusInd Bank to "underperform" from "neutral", citing their reliance on wholesale funding.

    first published: Jul 16, 2013 03:47 pm

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