The buzz around the IPO of HDB Financial Services is gaining momentum and perhaps it is a good time to also take a look at the share price movement of its promoter company, HDFC Bank. In fact, the HDFC Bank shares are up almost 20% in the last 1 year. The bank was in news
Global brokerage firm Nomura said the recent CRR cut is expected to benefit mid-sized banks more substantially. Banks such as IndusInd Bank, AU Small Finance Bank, and Federal Bank are likely to gain the most from the move. However, the CRR cut will also support deposit-growth-constrained larger banks like Axis Bank and HDFC Bank, Nomura
The Q4 results of the private banks as well as state-run lenders were mixed with net interest margins surprising positively for larger banks, but growth remaining elusive. Banks delivered a credit growth of 11% year-on-year (YoY). Slower credit growth versus Street expectations was primarily visible amongst the larger private banks, while most mid-sized banks delivered
Synopsis When you look at the banking sector, it is not just about excel sheets. It is about the ability to differentiate between the white, black, and grey in terms of the businesses that banks finance. Today, a bank financing exporters faces more uncertainty than one giving loans to domestically-focused companies. But what happens to