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  • BoI a cautious play as provisions likely to hit earnings: CLSA

    The downgrades handed out by the RBI based on the asset quality review of the bank, together with the downturn in steel and infrastructure sectors led to a rise in the bank‘s slippages, said the brokerage house, which has a sell call on the bank.

  • Slight NPA increase for IndusInd acceptable: Analysts

    A marginal rise in provisioning and a slight deterioration in gross NPL of IndusInd Bank was expected given the economic environment and should be taken positively as the corporate portfolios of all the banks are under considerable pressure, says Hemindra Hazari, Independent Market Expert.

  • Infra, heavy vehicles aiding AUM growth: Shriram Transport

    Umesh Revankar, MD at Shriram Transport Finance says the rural economy will need 2-3 quarters to recover, although performance of certain segments like light commercial vehicles has started improving

  • ICICI Bank Q3 highly disappointing; stock may dip: Experts

    According to market expert Prakash Diwan, the fact that ICICI Bank is virtually into every spectrum of lending, it gets impacted in the downturn much more severely than some of the other private sector banks which have niches which they have carved out.

  • Indiabulls HFC net up 26% to Rs 602 cr on higher disbursements

    "Growth in profit was on the back of 29 percent increase in loan book. Also, our borrowing from banks reduced to 49 percent in the period from 64 percent last year which has helped in reducing cost of funds," the company's vice chairman and managing director Gagan Banga said in a conference call.

  • Will lower NPLs in FY16: State Bank of Travancore

    The net profit for State Bank of Travancore in Q4 is at Rs 192 crore v/s Rs 48.6 crore on year on year basis and the net interest income for Q4 is at Rs 581crore against Rs 615 crore on year on year basis.

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