Exposures to HFC and travelling company have been recognized as fraud and have made provisions of around Rs 240 crore on them.
Net Interest Income (NII) is expected to increase by 43.4 percent Y-o-Y (up 11.5 percent Q-o-Q) to Rs. 316.1 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 34.8 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 2,969.9 crore, according to ICICI Direct.
Nifty companies will deliver revenue growth of 5.2 percent and net profit growth of 8.2 percent for Q1FY20
Net Interest Income (NII) is expected to increase by 31 percent Y-o-Y (up 24 percent Q-o-Q) to Rs. 2,771.6 crore, according to Kotak.
Merger with Bharat Financial will add new customers and high yielding assets. The stock looks attractive at 2.5 times FY21 estimated price-to-book after the recent underperformance
Motilal Oswal expects IndusInd Bank to report strong loan growth of ~32 percent YoY in Q4FY19
NBFCs had a marginally better quarter than Q3 as liquidity eased for retail players. Slowdown in auto sales and increase in incremental cost of funding will weigh on Q4 performance
Net Interest Income (NII) is expected to increase by 19.7 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 2,403.7 crore, according to Motilal Oswal.
Net Interest Income (NII) is expected to increase by 17.7 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 2,363.3 crore, according to Kotak.
CLSA said earnings for smaller private banks, like IndusInd Bank and Yes Bank, may be impacted by provisioning for stressed loans and slower growth in corporate banking fees
Net Interest Income (NII) is expected to increase by 21.4 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 2,301.2 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 17.9 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 2,233.5 crore, according to ICICI Direct.
Motilal Oswal, which has buy call on the stock with a price target at Rs 2,000, expects strong loan growth of around 35 percent YoY in Q3FY19, significantly ahead of system loan growth.
Input cost pressure is being increasingly absorbed by companies as the demand environment in weakening
With most of the near-term negatives priced in, we derive comfort in the valuation at 3.2X FY20e standalone book and recommend accumulation in this weak phase.
Its net interest income (NII), the difference between interest earned and paid, is likely to be reported at Rs 2,210.3 crore, a rise of 21 percent to Rs 1,820.9 crore, an analysts’ poll conducted by Reuters revealed
Majority of brokerage houses retained their positive stance on the stock, citing stable earnings growth in Q1 and betting on likely sustaining growth ahead.
We view Q1 FY19 as a continuation of the well-charted out strategy of building a solid business with a focus on high yielding/good quality assets, backed by retail focused low cost liability.
The bank seems to be executing a well-charted out strategy with a focus on building a strong low-cost stable liability and high yielding assets
Bharat Financial Inclusion had a very healthy third quarter as return ratios are back to being the best in the industry while robust growth in disbursements drives loan growth. Asset quality too improves substantially. In an interview with CNBC-TV18, MR Rao, MD & CEO of Bharat Financial Inclusion spoke about the results and his outlook for the company.
IndusInd Bank has announced a mixed set of numbers for the third quarter. While profit met estimates, net interest income (NII) was a miss. The bank has also reported a marginal dip in its asset quality. CNBC-TV18’s Ritu Singh caught up with Romesh Sobti, MD & CEO of IndusInd Bank and asked him about the spike in bad assets, where the stress has come from and his outlook on that front going forward.
The private sector lender reported nearly 25 percent growth in profit at Rs 936.2 crore for quarter ended December 2017 YoY, which was largely in line with estimates, but asset quality weakened a bit sequentially.
Analysts expect loan growth at 23-25 percent for the quarter against 24.5 percent in previous quarter. Commercial vehicle loan book will be closely watched as it has been very good quarter for Ashok Leyland
According to average of estimates of analysts polled by CNBC-TV18, net interest income is seen rising 26.6 percent to Rs 1,848.3 crore compared with Rs 1,460.3 crore in same quarter last fiscal.