Growth in personal loans has fallen off the cliff, while growth in gold loans has surged
Private sector Karur Vysya Bank today said it plans to raise up to Rs 1,000 crore from qualified institutional investors to fund its expansion plan.
According to Dipen Sheth, Head-Institutional Research at HDFC Securities, one can buy private sector banks on decline.
The Swiss bank displaced Bank of America Corp from the top spot in an annual benchmark compiled by London-based wealth management consultant Scorpio Partnership.
Dolat Capital has come out with its Q4FY13 review on Indian banking sector. The research firm continues to prefer ICICI Bank, Yes Bank and KVB amongst the private banks and amongst the PSBs SBI and PNB as they have been able to improve their asset quality over the past 2 quarters.