All stories by Shreepad S Aute
Covid-19 provisioning badly hits profits of top private banks
Rediff.com2 Jun 2020Axis Bank and ICICI Bank consumed 37-59 per cent of their operating profit for COVID-19 provisioning, while the figure is 24 per cent in case of Kotak Mahindra Bank and 10-12 per cent for IndusInd Bank and HDFC Bank.
Why FMCG companies are likely to lose their sheen
Rediff.com10 Jul 2019Delay in demand recovery and higher stock valuations mean low safety margin, say analysts.
Colgate's investors will have to wait a while to get their smile back
Rediff.com7 Jul 2019Analysts expect Colgate's overall volume growth to remain in single digits (around 5-6 per cent) for the next two years.
Loans by NBFCs plunge 31% in Q4
Rediff.com25 Jun 2019With liquidity crunch hitting operations, many finance companies have put the brakes on sanctions in the third quarter in the aftermath of the IL&FS crisis.
Why the Street prefers TCS over Infosys
Rediff.com23 Apr 2019While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.
Federal Bank expects bad loans from Kerala to go up 20-30%
Rediff.com22 Aug 2018The rubber and tourism industries in the state, to which the bank has exposure, have been hit.
Why IDBI Bank will find recovery an uphill task
Rediff.com22 Aug 2018It has Rs 20,500 crore of standard stressed pool outstanding as of June 2018. Thus, the entire stressed book (net NPAs and standard stressed pool) is nearly two times its net worth.
Fraud puts a fourth of PNB's net worth at risk
Rediff.com15 Feb 2018The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.