Additional Provisions

With limited downside to earnings, ICICI Bank offers best risk-return in the banking space

Ideas For Profit | ICICI Bank

Q1 FY22 earnings reaffirm that ICICI Bank has transitioned well from a stressed bank to a growing lender. However, the valuation is not yet fully capturing the significant improvement in business fundamentals and growth story. Q1FY22 Highlights: · Net profit surged to Rs 4,616 crore, a growth of 78% YoY · NIMs improved on domestic book to 3.9% · Wrote back Rs 1,050 crore of COVID-19 related provisions created in earlier periods · High provision coverage ratio of 78% as of end June is comforting · Stock is trading at around 1.9 times FY23 estimated core book

Stellar Q1 show to hasten re-rating of ICICI Bank stock

The Q1 FY22 earnings reaffirm that ICICI Bank has transitioned well from a stressed bank to a growing lender

CSB Bank: Rise in NPAs in gold loans takes the shine off Q1 earnings

While GNPA of CSB Bank has risen, ultimate credit cost – a more appropriate indicator of asset quality for gold loans – is expected to remain low

HDFC Bank’s earnings growth moderates in Q1 — Is the golden era over?

A marginal blip, but bank well poised to leap forward

CSB posts stellar earnings; will the stock get rerated further?

Given the strong parentage of the Fairfax group, more than adequate capital, relatively better asset quality and high provisioning, we see CSB Bank continuing to grow its loan book at a healthy pace and and improve its return ratios in the medium term

Will ICICI Bank stock price mirror the stellar earnings of the lender in FY21?

FY21 earnings amid the crisis reflect start of a growth phase for ICICI Bank, shrugging off asset quality woes of the past

HDFC Bank FY21 earnings confirm that the strong has become stronger

Asset quality and growth are the two big issues confronting banks today. Remarkably, HDFC Bank scored well on both these parameters, remaining almost pandemic-proof

Which bank stocks to bet on amid the scare of second wave of COVID?

Large private banks have 0.7-2.0 per cent of loans as additional contingent provisions

SBI Q3 earnings strong, best bet on economic recovery

With the financial sector looking relatively upbeat now, we expect the SBI stock to outperform

Weekly Tactical Pick – SBI

SBI’s current valuation is pricing in most concerns and assigning a huge discount for it being a public sector entity

Our aggressive policy on growth dented profits: Canara Bank

Speaking to CNBC-TV18 in an exclusive, S Raman, chairman and managing director of the bank says that system-based recognition of NPA led to reporting larger NPA figures for the bank.