Buy ICICI Prudential Life Insurance Company, target price Rs 605 : Emkay Global Financial ServicesPromoters held 73.4 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.13 per cent, DIIs 5.08 per cent.
Buy ICICI Prudential Life Insurance Company, target price Rs 620: Emkay GlobalICICI Prudential Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 66397.37 Crore) o...
Gross NPA level likely to increase, says IcraIcra today said with banks recognising large non-performing assets following RBI's asset-quality review, gross NPA level is likely to incre...
ICRA estimates stress to remain in the banking sector for FY17ICRA, in a report published on Monday said that it expects banks’ non-performing assets to climb up to 6.2 and 6.8% of their total advances...
Credit growth finally claws back to double-digit at 11.5%Bank credit grew at a healthy rate of 11.47 per cent to Rs 68,30,965 crore in the fortnight ended April 3, according to the Reserve Bank da...
Non-food credit offtake growth slips to 10.2%; deposits up by 11.62%Growth in non-food credit offtake from commercial banks slowed to 10.19 per cent at Rs 65,24,257 crore for the fortnight ended, says RBI da...
Mergers of inefficient PSBs likely as government shuts capital tap for non-performers: IcraThe limited availability of capital to some PSBs will impact their ability to grow and could eventually trigger a move towards consolidatio...
New CDR provision to push NPAs steeply to 5.7% in FY16: IcraWith the regulatory forbearance on restructured assets coming to an end from April, bad loans of banks may increase sharply to 5.7 per cent...
Insurers may need around Rs 8,000 crore as new capital: ICRAPrivate sector non-life insurers would raise capital to maintain their compounded annual growth rate at 15-20 per cent during the next five...
Banks need to raise Rs 20,000 crore in tier-1 capital this year: ICRAIt may be noted that under the Basel-III capital computation, RBI is asking banks to raise 1.5 per cent using the AT1 instrument.
State-run banks' NPAs may rise to 4.7% by end of FY'15: IcraAs of March 2014-end, tier-I capital of PSBs stood at around 8.6% as against the requirement of 6.5%, while that of private banks was close...
Icra sees home finance cos' asset quality stress risingIt estimated the total housing credit outstanding as of December 2013 at over Rs 8.6 lakh crore as against Rs 7.5 lakh crore as of March 20...
Icra rates first Basel III-compliant tier I bonds from Yes BankIcra gave a stable outlook to the Basel III-compliant Rs 300 crore tier-I bond issuance by Yes Bank, making it the first such instrument fr...
Icra sees gross NPAs touching Rs 2.9 trillion by MarchThe gross non-performing assets (GNPAs) stood at Rs 2.37 trillion or 4 per cent as of the end of September quarter.
PSU banks' gross NPAs may touch 5% by March 2014, says IcraIf the news on the macroeconomic front goes bad, the NPA situation will only worsen, ICRA said in a conference call to discuss bank results.
Finance ministry preparing new policy road map for banking sectorFinance ministry is working on a new policy framework for the banking sector that will provide a clear roadmap for regional rural banks.
- Growth in housing loans may slow down due to slackening demand
The growth in housing loans is likely to slow down due to slackening demand.