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    • Private banks attractive after recent correction: CIMB

      Private banks attractive after recent correction: CIMB

      While the firm is reviewing its earnings estimates for these stocks, Siddharth Teli, Banking Analyst at CIMB, picks were Axis Bank, Yes Bank (at target price of Rs 1,000), HDFC Bank, (due to rate cut), ICICI Bank and HDFC, in the order.

    • Swiss banks step up battle for Asia's super-rich

      Swiss banks step up battle for Asia's super-rich

      Switzerland's wealth managers have long courted Asia's super-rich amid slowing growth at home and an international crackdown on its bank secrecy rules that has made the country a less attractive place to keep cash.

    • Prefer TCS, HCL Tech over Infosys: India Infoline

      Prefer TCS, HCL Tech over Infosys: India Infoline

      Till the time Infosys bridges the revenue gap with its peers, Rajiv Mehta, Banking Analyst, India Infoline prefers TCS and HCL Technologies over Infosys.

    • Budget 2013-14: Bank recapitalisation of Rs 15,000-18,000 cr expected

      Budget 2013-14: Bank recapitalisation of Rs 15,000-18,000 cr expected

      We are expecting recapitalization of PSU banks (Rs15,000 -18,000 crore) mostly in the form of tier- I capital. During FY13, GOI had budgeted Rs.120 bn to be infused into PSU banks including SBI.

    • Prefer SBI: Macquarie

      Prefer SBI: Macquarie

      Prefer SBI, says Suresh Ganapathy, Banking Analyst, Macquarie.

    • Bankex relatively safe in this chaos, Axis unruffled

      Bankex relatively safe in this chaos, Axis unruffled

      There has been tremendous roar in the market on account of issues like pledging of share, the Mauritius tax treaty and the Euro zone debt crisis, which have dragged the indices below comfortable levels. However, irrespective of this tizzy, banking stocks have relatively outperformed the broader index.

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