SEARCHED FOR:BANKING SECTOR
Worst seems to be over, farm sector to cushion COVID-19 impact on economy: FinMin report
India is well on the path of recovery from a trough in April, ably supported by proactive Government and Central Bank policies, the Macroeconomic Report for July, released by the Economic Affairs Department said.
Bad bank may not be a potent option to address bad loan woes: CEA Krishnamurthy Subramanian
Currently, banks sell their bad loans to ARCs as ...
Telecom, FMCG & pharma are the only three sectors which will show some growth this year: Centrum Broking
‘Preservation of capital is very imp...
Focus on 4 recovering sectors and let the market do its thing: Ravi Dharamshi
In some sectors, the recovery has already started and over the next 18 to 24 months, some or the other sectors will keep reviving.
Five sectors to bet on from a risk-reward ratio perspective
‘The market in March took an extremely bearish view on some of the stocks’
Add SBI, target price Rs 206: ICICI Securities
The operating profit at 1.7-2.0 per cent of assets will help SBI manage stress.
Bad bank not a good idea unless key issues are addressed: Uday Kotak
Bad bank will not yield desired results unless aspects like transparency and recovery rate are addressed, he said.
Buy ICICI Securities, target price Rs 625: CLSA
ICICI Securities Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 17428.06 Crore) operating in Financial Services sector.
Look beyond largecaps and focus on dominant sectoral names: HSBC AMC
‘Bulk of the fiscal stimulus the government is providing is going into the rural economy’
FM to meet PSU bank chiefs, to review credit flow
The meeting assumes significance as the banking sector has to implement many schemes under the Rs 21 lakh crore economic package announced by the finance minister in five tranches last week.
Prefer largecap bank stocks in the financials space: MOSL
‘While we are overweight on financials, it has come down by 150 bps in the last six months’
Stock Ideas: Edelweiss has a buy rating on Kotak Mahindra Bank, target price Rs 1,847
The bank’s strong foundation—liability franchise, capital, limited stress—to build a scalable model will yield results as competition from NBFCs/PSU banks wanes.
Loan recasts to only defer problem, NPAs may zoom up to 14pc due to COVID-19: S&P
The coronavirus pandemic has led to prolonged lockdowns and a chilling of economic activity, forcing the RBI to declare a six-month voluntary moratorium on loan repayments till September.
RBI board member urges PM Modi for banking sector package
Seeking a temporary forebearance of about a year, Mr Marathe requested prime minister Narendra Modi to "keep in abeyance, all norms relating to income recognition and assets classification, provisioning and downgrade of borrowal accounts, reporting to credit information companies for all accounts that must have got classified as NPAs during the just concluded financial year 2019-2020".
Yes Bank problem bank-specific, not sectoral: SBI chief Rajnish Kumar
The Reserve Bank on Thursday placed Yes Bank under a moratorium and imposed limits on withdrawals. "This is not a sectoral problem. It is a bank-specific problem," SBI chief said. "The RBI will take all steps to ensure financial stability." On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.