-
Reliance Industries can leverage its NBFC licence, network of stores and existing telecom and retail customers for Jio Financial Services, the foreign brokerage said
-
Credit growth for the PSU banks is expected to be weak for the next fiscal year not only because of their limited ability to lend money but also because the capex demand is completely absent, said Suresh Ganapathy, Banking Analyst, Macquarie Cap Sec.
-
Speaking to CNBC-TV18 Ananth Narayan of Standard Chartered Bank said that the market will continue to remain in excess liquidity. Lack of credit offtake, economic slowdown in the quarter coupled with surplus deposits in banks will mean a soft corner for bonds, he said.
-
In an interview with CNBC-TV18, Suresh Ganapathy of Macquarie Capital Securities said that unsecured loans and consumer durables are likely to see higher non-performing assets (NPAs) in the NBFC sector.
-
In the near-term, Suresh Ganapathy of Macquarie Capital Securities does not see any re-rating catalyst. He believes the fundamental value of ICICI Bank is at Rs 240-250 per share.
-
Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities is of the view that one may enter Indiabulls Housing Finance on correction.
-
Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities advises buying Axis Bank.
-
Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities is of the view that one may prefer ICICI Bank.
-
Suresh Ganapathy of Macquarie says a 30-40 basis points lending rate cut will result in 15-20 bps compression in NIMs for PSU banks and maybe just a 10 bps hit for private sector banks
-
Suresh Ganapathy of Macquarie says the reforms proposed in the Indradhanush package for state-owned banks need to be taken with a pinch of salt, and is skeptical if the appointment of private sector personnel in leadership positions will make a big difference.
-
Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that YES Bank is the top pick.
-
Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that one may prefer LIC Housing Finance.
-
Suresh Ganapathy, banking analyst at Macquarie Capital Securities is of the view that ICICI Bank is a good pick with a long term view.
-
"Despite being aware of the attrition issue in PSU Banks, the government took so much time. Also, it is being naive in assuming that one person at the top can change the way forward for PSU banks," says says Suresh Ganapathy, banking analyst at Macquarie Capital Securities.
-
In an interview to CNBC-TV18, Suresh Ganapathy, Banking Analyst at Macquarie Capital Securities spoke about bank related insurance companies, NBFCs as well as the sector in general.
-
Suresh Ganapathy recommends buying HDFC Bank and is bullish on the stock with a longer-term view. He also likes Axis Bank and ICICI Bank from the space.
-
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.
-
Prefer ICICI Bank, says Suresh Ganapathy, Senior Analyst, Macquarie Capital Securities India Pvt Ltd.
