The crystal ball: RBI report foresees NPA woes
According to the RBI, the gross NPA ratio of all scheduled commercial banks may increase from 7.5% in September 2020 to 13.5% by September 2021, and even escalate to 14.8% in severe stress scenario.
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What makes PSUs the jewels of Fortune India 500
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
Markets overview: Are the blues receding?
Indian equity markets have witnessed upswing post the U.S. and Bihar elections, and improved risk sentiment has invited higher capital flows.
Corporate cash flows not hunky-dory: Dinesh Khara
Balance sheets being closely watched; SBI’s price to book ratio of 0.3 times convinces the new chairman that the market values the bank well.
Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
‘Markets should start pricing in better times ahead’
Coronavirus could be a catalyst for resetting the agenda of India’s financial market reforms, says Mark Matthews, head of research-Asia, Julius Baer.
Eco Survey: Empower the invisible hand of the market
India, which aspires to be a $5-trillion economy, needs to strengthen “the invisible hand of the market supporting it with the hand of trust”, argues the Survey, which pegs FY21 GDP growth at 6-6.5%.
A tale of India’s loss-heavy banks
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
‘Foreign investors more positive on India now’
Mark Matthews, head of research (Asia) at Julius Baer, says there are no signs of a pickup in the Indian economy yet, but a ‘trickle through’ is likely in a quarter or so.
Banking on size, technology, and efficiency
By merging 10 PSBs into four large banks, the Finance Minister wants to push growth through credit offtake and pave the way for a $5 trillion economy.
