Banks
Sector
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Banks    
SECTOR | 17 Jan 2021, 05:45PM
Business Standard
The banks will be taking a huge haircut as compared to an average 45 per cent recovery in insolvency and bankruptcy cases
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HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 15 Jan 2021
Business Standard
With this Piramal succeeds in getting the requisite 66 per cent voting, says source
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 14 Jan 2021
Business Standard
State-controlled DFIs will have the same problems as PSBs
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HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 14 Jan 2021
Business Standard
Seek leeway on reserve ratio, priority sector and sectoral exposure
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Budget 2021: NBFCs seek TDS exemption on interest income
Economic Times | 14 Jan 2021
Banks    
SECTOR | 14 Jan 2021
Indian Bank raises Rs 2,000 crore by issuing bonds
Indian Bank raises Rs 2,000 crore by issuing bonds
Moneycontrol
The bank has raised tier-2 capital fund through private placement of Basel-III compliant tier-2 bonds, Indian Bank said in a regulatory filing.
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Bank of Baroda raises Rs 969 crore from bonds
Moneycontrol | 13 Jan 2021 1 more
Banks    
SECTOR | 14 Jan 2021
buy
by HDFC Securities
HDFC Securities
Despite benign expectations for 3QFY21E, we raise our FY22/23E earnings by 7% and 10% for our coverage universe, reflecting: (a) lower-than-anticipated eventual loan losses from COVID-19, (b) better-than-expected growth impulses accruing to large private sector banks, (c) reversal of the drag from unwinding of large liquidity buffers, and (d) gradual return of business volume-led pricing power. Our cumulative credit cost forecasts (FY21-23E) have eased by ~130bps for our coverage universe, reflecting this optimism. However, we remain conservative, relative to broader consensus estimates. Any incremental narrative, which suggests better-than-expected growth and asset quality outcomes, poses an upside risk to our forecasts. Our banking coverage universe is expected to clock negligible QoQ growth in NII and PPOP in 3QFY21E, on the back of sequentially flat NIMs and a gradual volume-driven rebound in opex and fee income. Against the backdrop of an in-force SC stay on marking of NPAs, we believe that investors will focus on pro-forma GNPAs, trends in collection efficiency and the likely restructuring pipeline. Incremental provisioning is likely to moderate at AXSB and ICICIBC, which have already built significant buffers; while small and mid-sized private banks are likely to continue witnessing elevated provisions.
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 13 Jan 2021
Economic Times
A sensitivity analysis of the liquidity risks by the central bank shows that Indian banks could be resilient even if there is sudden and unexpected withdrawal of around 15 per cent of deposits and at the same time 75 per cent of credit commitments utilised.
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 12 Jan 2021
Business Line
To serve the unbanked and underbanked population in rural areas
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HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks    
SECTOR | 12 Jan 2021
NDTV Profit
Banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic, a report from RBI said.
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.
Banks' gross NPAs may rise to 13.5% by Sept: Financial stability report
Business Standard | 12 Jan 2021 4 more
Banks    
SECTOR | 11 Jan 2021
Business Standard
Recognition of NPAs in PSBs must be swift
HDFC Securities released a Sector Update report for Banks on 14 Jan, 2021.