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05 Aug 2024
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Banks
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Trendlyne Analysis
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Sector Update
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In June 2024, the total value of credit card transactions continued the trend from May, and increased by 15.7% YoY, reaching Rs 1.6 lakh crore. Concurrently, the number of outstanding credit cards also grew, by 17.1% YoY. Private sector banks saw a 17.8% YoY rise in the value of transactions.
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24 Jul 2024
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Banks
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IDBI Capital
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Sector Update
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11 Jul 2024
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Banks
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KRChoksey
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Sector Update
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Seasonal softness to reflect in the overall performance
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08 Jul 2024
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Banks
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Prabhudas Lilladhar
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Sector Update
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08 Jul 2024
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Banks
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Axis Direct
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Sector Update
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Banks ICICI Bank; SBI; Federal Bank NBFCs Nippon AMC; Chola Inv. & Fin Negative Result Plays: SBI Cards
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03 Jul 2024
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Banks
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Trendlyne Analysis
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Sector Update
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In May 2024, the total value of credit card transactions continued the trend from April, and increased by 17.3% YoY, reaching Rs 1.7 lakh crore. Concurrently, the number of outstanding credit cards also grew, by 17.7% YoY. Private sector banks saw a 17.4% YoY rise in the value of transactions.
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01 Jul 2024
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Banks
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IDBI Capital
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Sector Update
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26 Jun 2024
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Banks
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IDBI Capital
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Sector Update
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12 Jun 2024
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Banks
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KRChoksey
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Sector Update
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Operating performance that exceeded our expectations and tighter control over credit costs led Banks to report healthy growth in earnings.
The retail & SME segments will continue to drive the credit growth, with ongoing capex across industries providing support.
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11 Jun 2024
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Banks
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KRChoksey
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Sector Update
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The industry experienced a slower start in FY24 due to regulatory changes and market shifts.
Although the growth of the Indian life insurance sector in FY24 was slower than the previous year, there are promising signs of potential expansion due to strategic initiatives and digital advancements.
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