Oct 18, 2021 10:31 AM IST
Despite the resilient performance in the pandemic year, the HDFC Bank stock has underperformed the broader benchmark in recent times
- Jul 26, 2021 03:51 PM IST
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.
· 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
- Jul 26, 2021 10:13 AM IST
The Q1 FY22 earnings reaffirm that ICICI Bank has transitioned well from a stressed bank to a growing lender
- Jul 28, 2020 11:41 AM IST
The single most important reason to like Kotak Bank despite not being a growth story is its excellent liability franchise
- Jul 27, 2020 08:35 AM IST
ICICI Bank stock is seen get a boost from its subsidiaries that are doing reasonably well
- Jul 20, 2020 08:27 AM IST
HDFC Bank’s valuation has fallen while the long-term growth and profitability outlook are very strong
- May 11, 2020 08:45 AM IST
- Oct 23, 2019 10:41 AM IST
Most of the global brokerage firms which came out with recommendations maintained their rating on Axis Bank while JP Morgan raised its target price to Rs 790 from Rs 770 earlier.
- Nov 07, 2016 07:29 PM IST
Prakash Diwan of Altamount Capital Management says he is worried on two parameters â€“ One is there is yet no visibility of softening in the net non-performing assets (NPAs). Two, lack of credit growth is becoming a big concern.
- Oct 25, 2016 11:59 AM IST
The company's portfolio currently consists of 62 percent of retail housing loans and 18 percent is loan against property. Construction finance consists of 9-10 percent of their overall portfpolio. Corporate term loans fill their remaining portfolio.
- Sep 17, 2016 04:51 PM IST
Crack the Code takes a close look at the banking sector. The Indian banking sector has come a long way since the country‘s independence. The industry today has grown into a vibrant sector with improved assets and a strong capital base.
- Aug 12, 2016 12:59 PM IST
Asset quality more or less looked stable, though it weakened a bit on sequential basis. Gross NPA increased to 6.94 percent from 6.5 percent and net NPA to 4.05 percent from 3.8 percent.
- Aug 02, 2016 01:12 PM IST
Asset quality weakened a bit as gross non-performing assets as a percentage of gross advances increased 31 basis points to 6.97 percent and net NPA rose 28 basis points to 4.48 percent on sequential basis.
- Jul 28, 2016 06:00 PM IST
Key things to watch out for would be slippages from restructured book (which was Rs 2,724 crore in Q4), asset quality, management commentary on scheme for sustainable structuring of stressed assets (S4A) and watchlist (which was at Rs 44,000 crore in Q4FY16) for the quarter.
- Jul 28, 2016 12:41 PM IST
Provisions for bad loans jumped 51.2 percent to Rs 2,738.4 crore in the quarter ended June 2016 compared with year-ago period but declined sharply 74 percent from Rs 10,485.2 crore in preceding period.
- Jul 26, 2016 05:13 PM IST
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his outlook on Nifty. "We need to see rollover. But if I just take a broad call for the August series, I am not keeping a positive stance," he says.
- Jul 22, 2016 06:39 PM IST
Mahindra and Mahindra Financial Services disappointed the Street with its FY17 first quarter numbers. Profits fell 2 percent to Rs 87 crore in April-June quarter compared with Rs 89 crore in year-ago period, impacted by lower net interest income.
- Jul 11, 2016 05:50 PM IST
In an interview to CNBC-TV18 in its Closing Bell segment, SP Tulsian of sptulsian.com shares his view on IndusInd Bank's quarterly result, why he expects no more than 10-12 percent growth in earnings in FY17 and what makes the stock look expensive.
- May 27, 2016 07:14 PM IST
Arundhati Bhattacharya, Chairman of SBI said that the bank is certain of recovery going forward as business confidence has been upbeat lately.
- May 18, 2016 09:28 AM IST
Major drawbacks would be the stress is asset quality of the SBI Group post the merger and a surge in employee costs, says Manish Agarwalla, Co-Head of Research at Phillipcapital.
- May 11, 2016 03:36 PM IST
With sales of loans to asset restructuring companies (ARC) and 5/25 rules, the bank has distinguished itself from others, says Hemindra Hazari of hemindrahazari.com.
- Apr 27, 2016 08:18 PM IST
Yes Bank has traditionally been a corporate-focused lender. How was it then emerged as a bank with one of the healthiest banks despite the economic slowdown and ensuing NPA crisis?
- Apr 27, 2016 12:32 PM IST
Every bank in the industry should see some rise in provisioning, and a deterioration in asset quality, says Banking Analyst Hemindra Hazari.
- Apr 26, 2016 06:15 PM IST
Sunil Kakar, chief financial officer of the bank, however, clarified in a briefing that the surge in NPA does not impact the Profit and Loss account as these loans had already been provided for.
- Apr 26, 2016 05:55 PM IST
Axis Bank, India's third-largest private sector lender, today said its fourth quarter net profit fell 1.2 percent, ahead of a CNBC-TV18 poll that had forecast profits to fall 7 percent to Rs 2,028 crore.