Overseas banking losing its charm for desi players
Government-owned Bank of Baroda saw its overseas business shrink 14 per cent year-on-year and sequentially 10 per cent in the June quarter.
Devangi Gandhi
Lower savings rate to boost SBI's margins, whet investor interest
Reduced rates would apply to about 90% of its savings account deposits.
Why the June quarter performance of ICICI bank may fail to cheer the street?
There are two key issues that could keep the investor interest towards the biggest private lender in check even as generally banking stocks have been performing well lately.
Axis Bank net falls 16% on higher provisions, slippages decline in Q1
The management hopes to bring down the credit cost to its long-term average of 100 bps by FY19.
Improving growth in Kotak Mahindra bank's loan book may enhance investor interest
While a slow momentum in its loan book growth seems to have played a role in this restrained performance, the June quarter numbers may enhance the investor confidence in the stock.
Bajaj Finance beats street, good show likely to go on
The management expects a downward trajectory of interest rates to support the margins.
SFTC investors remain wary of benefits of IDFC-Shriram Group merger
An analyst call held by management last Friday could not douse the concerns on what his merger would bring for STFC shareholders.
Marriage with Shriram will aid retail foray
The elevated bad asset ratio of the merged company 4.2 per cent based on FY17 numbers.
NBFCs shrug off DeMo blues with robust show
The median gross non-performing ratio weakened by 175 basis points to 2.88 per cent.
IPO watch: AU Small Finance Bank issue valuations seem too high
At 5 times its FY17 book value, the issue looks expensive compared with all listed peers.
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