Macquarie flags capital allocation risks as PB Fintech shifts focus from domestic dominance to global expansion ambitions
Axis Bank is still remains a preferred picks, says Suresh Ganapathy, Banking Analyst at Macquarie.
One may avoid YES Bank at this point in time, says Suresh Ganapathy, Banking Analyst at Macquarie.
"Slippages would be relatively lower compared to the previous quarters, but restructuring would be higher," Suresh Ganapathy told CNBC-TV18.
Prefer SBI, says Suresh Ganapathy, Banking Analyst, Macquarie.
The sharp rise in non-performing loans (NPLs) of banks in Q4 is a cause of worry, says Suresh Ganapathy, banking analyst of Macquarie. “The biggest issue has been the pace of restructuring,†he adds.
SBI may slip 15-20%, says Suresh Ganapathy, Banking Analyst at Macquarie.
Head of financial research at Macquarie Research, Suresh Ganapathy told CNBC-TV18 that the rate of accretion of non-performing loans (NPLs) at margins could see a slowdown. He feels that SBI should raise capital in FY12 or at the beginning of FY13; otherwise, they will have issue to grow their book.
Prefer ICICI Bank and HDFC Bank in private banking space, says Suresh Ganapathy, Senior Analyst, Macquarie Capital Securities India Pvt Ltd.