LVB crisis: Same story, different characters
The 30-day moratorium on Lakshmi Vilas Bank is similar to YES Bank, protecting depositors and employees, but retail shareholders would be worst hit if amalgamation with DBS Bank India goes through.
non performing assets
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December 2019
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RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
Gold demand could drop by 30%: ICC
Industry body Indian Chamber of Commerce (ICC) seeks further relief from the government over the Covid-19 impact on the gem and jewellery sector.
A tale of India’s loss-heavy banks
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
Decoding YES Bank’s fast-rising share price
The private lender’s 106% recovery in share price from its 52-week low in early October could be a value trap for investors.
Is RBL Bank going YES Bank’s way? Not really
RBL Bank’s NPAs are rising and the stock is going downhill, but there are enough reasons to believe it is unlikely to end up like YES Bank.
Axis Bank’s 95% profit growth is lacklustre
The private lender’s profit fell 9% over the previous quarter. Its provisions grew by 40.7% and 14.3% on quarterly and annual basis, respectively.
Short-term relief for NBFCs
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.
See Nifty at 12,400 in 2019: HDFC Securities
Despite significant correction in 2018 and a general election around the corner, HDFC Securities believes lower crude prices and robust domestic inflows can take the markets to new heights in 2019.
Decoding the government-RBI spat
The story behind Urjit Patel’s resignation.
