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India’s largest lender SBI’s chairman says ‘banking system better placed to sustain loan growth’ – Details!
Wed, Nov 23, 2022
Speaking at an economics conclave organised by the country's largest lender, Khara said learnings from the last cycle of high loan growth which ultimately led to a huge spurt in sour loans have been internalised by the banking system.
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HDFC Bank Q4 results: Strong profit growth, stable asset quality on the cards
Sat, Apr 20, 2019
India’s second largest lender HDFC Bank will report its quarterly earnings on Saturday, where it is expected to log an above-average loan growth, a stable asset quality and 20-23 per cent year-on-year growth in profit.
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Third Quarter Results: NBFCs likely to offset demonetisation impact
Wed, Jan 11, 2017
M B Mahesh, Nischint Chawath and Abhijeet Sakhare of Kotak Institutional Equities said, “Despite challenges in the cash economy, NBFCs will likely deliver stable performance supported by aggressive recovery efforts and regulatory reprieve on NPL classification; a flat qoq loan book will affect NII growth in later quarters.”
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Loan growth may take-off as India moves towards digital money
Wed, Dec 14, 2016
Rajat Gandhi said“We are positive that the recent boost to non-cash payments will increase digitisation in every area of financial services including lending. With proper awareness and regulations, the sector can see an exponential growth in coming years and reduce a lot of burden from the banking sector too.”
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Analysts back ICICI Bank even as provisions rise manifold
Tue, Nov 08, 2016
MB Mahesh, Nischint Chawathe and Abhijeet Sakhare, analysts at Kotak Institutional Equities said, “Despite a weak headline performance with stake sale driving operating profit growth, we like the results for the following: (1) watch-list is seeing greater share of resolution as compared to earlier fears of being impaired, (2) availability of contingency reserves, (3) solid growth in CASA/retail loans, and (4) healthy capital."
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