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SRI KARTHIK VELAMAKANNI
Improving fundamentals to propel rally in PSU banksWhat's driving investors to a lending pocket more or less neglected until recently? Analysts attribute the appetite to improvement in asset...- Advent weighs $1 billion bet on Yes Bank, due diligence onAdvent is currently conducting due diligence and may form a consortium. Sources said the private lender is keen to rope in at least one mor...
- Consolidation theme to play out in banking space; big will get bigger: Sri Karthik Velamakanni, InvestecFirm believers that consolidation theme likely to play out within banking space, says Velamakanni.
- Agri loan waiver to add to heap of farm NPAsUP's decision to waive farm loans will worsen the credit culture of rural India.
- Analysts see further upside for Federal Bank, Karnataka BankIndeed to trade one lot of Federal Bank futures, one would have to put up a margin of Rs 1.23 lakh. While to buy a call option at 90, a tra...
- HDFC Bank lets go of 4,500 employees in Q3, may go slow on hiringThe employee reduction is probably the largest by the bank in a single quarter and is likely to continue if the economic recovery does not ...
- ING shareholders feel deal tilted in favour of Kotak Mahindra BankA clutch of institutional shareholders in ING Vysya bank are unhappy with the merger swap ratio as they feel the valuation is tilted in fav...
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