Nov 09, 2012 03:18 PM IST
Vaibhav Agrawal of Angel Broking explains to CNBC-TV18 that the SBI results are not good due to high NPA levels and low NII.
- Nov 09, 2012 03:13 PM IST
Varun Goel is bullish on private sector banking names, pharmaceutical companies and FMCG companies on the back of better second quarter earnings.
- Nov 09, 2012 02:13 PM IST
Vijay Sarathi of Nomura India feels SBI's delinquencies for Q2 is quite high and like other PSU banks, it is also experiencing the pain of non-performing assets.
- Nov 08, 2012 06:13 PM IST
India's largest lender the State Bank of India (SBI) is likely to report nearly 29% jump in its second quarter (July-September) net profit to Rs 3,615.1 crore. Net interest income (NII) may grow a little more than 12% to Rs 11,680 crore on standalone basis, according to a poll estimate by CNBC Awaaz.
- Nov 02, 2012 01:37 PM IST
In an interview to CNBC-TV18 Suresh Ganapathy of Macquarie reviewed the second quarter financial performance of various public and private sector banks.
- Oct 29, 2012 11:18 AM IST
Private sector banks like Axis Bank, Yes Bank and ICICI Bank have declared their second quarter results. Vishal Goyal, executive director of UBS Securities says the numbers were good
- Oct 26, 2012 11:58 AM IST
In an interview to CNBC-TV18, Sampath Kumar of IIFL Institutional Equities outlined his expectations from private sector lender ICICI Bank's second quarter earnings. He also shared his outlook on other banking stocks like PNB and SBI.
- Oct 13, 2012 03:39 PM IST
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
- Oct 13, 2012 11:57 AM IST
Emkay Global Financial Services has come with its September quarterly earning estimates for Banking and Financial Services sector. According to the research firm, top picks for the quarterly results - HDFC Bank, ICICI Bank and United bank in banking space. Mahindra Finance and CRISIL are our top picks in NBFC space.
- Oct 11, 2012 11:22 AM IST
Vijay Sarathi, banking analyst at Nomura India says for PSU banks incremental delinquencies will be at the same levels where they were in Q1 of FY13.
- Oct 09, 2012 02:09 PM IST
Dolat Capital has come with its September`12 quarterly earning estimates for financial sector. According to the research firm banks‘ asset quality would remain under stress particularly for state-owned banks.
- Oct 09, 2012 12:58 PM IST
Angel Broking has come with its September`12 quarterly earning estimates for banking sector. According to the research firm banking stocks remained under stress on increased asset quality concerns.
- Oct 09, 2012 11:45 AM IST
All listed companies will declare their results for the quarter ending September 30, 2012. In an interview to CNBC-TV18, Vaibhav Agrawal of Angel Broking speaks about his expectations from the banking sector.
- Aug 13, 2012 02:36 PM IST
In an interview to CNBC-TV18, Pratip Chaudhuri, chairman of State Bank of India says, 9% of total midcap book of Rs 1.75 lakh crore is NPA. The bank maintains its margin guidance of 3.75%.
- Aug 10, 2012 06:56 PM IST
SBI chairman Pratip Chaudhuri is confident that the bank will be able to reverse the Rs 3000-4000 crore of slippages in the coming two quarters.
- Aug 10, 2012 03:48 PM IST
While the jump in non-performing assets has been shocking, Hemindra Hazari, Head of Research at Nirmal Bang said that given the condition of the global economy it is but natural to have expected such a negative surprise.
- Aug 10, 2012 03:31 PM IST
SBI shares continued to be under pressure, down over 4% at Rs 1889, even as chairman Pratip Chaudhuri tried to draw attention to the positives in the first quarter performance.
- Aug 10, 2012 02:38 PM IST
State run lender reported a 137% jump in net profit at Rs 3,752 crore for the first quarter ended June 30, 2012. It had a net profit of Rs 1,583 crore in the April-June quarter of 2011-12 fiscal.
- Aug 10, 2012 02:00 PM IST
Vaibhav Agarwal, Angel Broking says, the gross non-performing asset (NPA) number has come much above what the management was guiding and the street was expecting. He sees further downside on the stock.
- Aug 09, 2012 06:41 PM IST
Country's largest lender State Bank of India (SBI) is set to announce its results for the quarter ended June 2012. Analysts on an average expect standalone profit after tax to grow by 129.25% year-on-year to Rs 3,630.24 crore due to low base effect in a year ago period, but quarter-on-quarter basis the same is expected to be flat to negative.
- Jul 23, 2012 06:29 PM IST
Dolat Capital has come out with its earnings estimates on State Bank of India (SBI) for Q1FY13. According to the research firm, company's Q1FY13 sales are likely to go up by 16% at Rs 112,95.6 crore, Year-on-Year (YoY) basis.
- Jul 14, 2012 05:11 PM IST
Prabhudas Lilladher has come with its June quarterly earning estimates for banking & financial services sector. According to the research firm, Q1FY13 will be a relatively strong operating quarter for financials with ~22%/ 21% y/y PPOP and net profit growth.
- Jul 10, 2012 02:29 PM IST
Dolat Capital has come with its June quarterly earning estimates for banking sector. According to the research firm, banks are likely to post 27% YoY growth in PAT for Q1FY13.
- Jul 10, 2012 10:42 AM IST
Indian corporate earnings results for Jan-March 'should be weak', warns Bank of America-Merrill Lynch, adding that it sees potential for a market correction.
- Jul 09, 2012 06:36 PM IST
Angel Broking has come out with its June quarterly earning estimates for banking sector. The research firm expects margins to come under pressure in 1HFY2013.