Since September, FPIs have pumped in net amount of Rs 37,496 crore, while domestic mutual funds invested net amount of Rs 12,618 crore in equities, Sebi data shows.
Credit demand is firming up and coming from roads, solar power projects, and the oil and gas sector, particularly city gas projects in the case of SBI
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
The bank has an optimistic outlook on the credit demand from the corporate and SME sector
Parekh said builders had erred in the past by over-leveraging and going on a land-buying spree.
An official clarified that the existing Lower Parel building will be used by the bank; not be sold or rented out
One possibility is that the size of borrowings year-on-year will remain high and there is unlikely to be a reduction in supply, says Ashish Parthasarthy, treasurer at HDFC Bank
Provisions in the quarter, however, rose 3.33 per cent QoQ basis to Rs 2,700.81 crore. These included specific loan-loss provisions of Rs 2,038 crore and general and other provisions of Rs 662.7 crore
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
In short, HDFC Bank's Q2 show indicates the effect that loan growth slowdown could have on its financials
Deposits grew 23%, and advances rose 19.5% year on year
Gross NPA largely stable at 1.38 per cent of gross advances, net NPA at 0.42 per cent
Provisions and contingencies for the quarter were up by as much as 48 per cent to Rs 2,700 crore, including loan loss provisions of Rs 2,038 crore
HDFC Bank's market value has surged over $21 bn in the past year
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values
While the crisis with the shadow banks is over, there may be a few companies, especially with exposure to the realty space, that may face problems in the future, Puri told in an interview
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
The bank had reported a 1.40 per cent gross non- performing assets ratio in June quarter
The bank also listed out targets for merchant acquisitions and said it is aiming for a 5 percentage points reduction in its cost-to-income ratio as a result of the digital push
Current RBI thinking is not to align pvt bank CEOs' age limit with Companies Act at 75 years