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SEASONAL FACTORS IN MICROFINANCE
The AI play no one is talking about: Why BofA is snapping up power & metals instead of ITBofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He...
IDFC First Bank deposit growth returning to 20%, credit costs falling, no West Asia impact yet: V VaidyanathanIDFC First Bank's CEO V Vaidyanathan stated that the deliberate slowdown in deposit growth during Q4 was temporary and already reversing, w...
Betting on large banks, cautious on housing finance and microfinance; watch guidance in FMCG: Sandip SabharwalEarnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady ...
Which sectors are going to have their day in the sun right now? Mihir Vora answersMihir Vora of Trust MF suggests a cautious market approach. Government spending drives infrastructure, power, and telecom sectors. Rural fi...
Goldman Sachs downgrades CreditAccess Grameen to sell, stock down 12%CreditAccess Grameen shares fell 11.8% after Goldman Sachs downgraded the stock, citing asset quality stress and risks related to over-leve...
India Inc earnings downgrades worst since 2020. Are we staring at a bear market?Indian companies are facing their most significant earnings downgrades since the start of the COVID-19 pandemic in 2020, causing concern am...
Heatwave, elections caused a sequential squeeze in India's microfinance sectorFunding constraints and over-heating of credit in some geographies have also dented the growth momentum, microfinance industry association ...
IndusInd Bank Q1 profit flat at Rs 2,171 crore in a lean seasonThe net interest income - the difference between interest earned and paid - rose 11.1% to ₹5,408 crore. Net interest margin (NIM) for the J...
Election, heatwave impact bring down IndusInd Bank’s Q1 disbursementsThe bank grew its total loans by 15% on year to Rs 3.48 lakh crore. It grew only 1% sequentially as loan growth in the microfinance book fe...
Nifty may touch 23,000 over next 1 year; largecaps to dominate: Dipan Mehta“Across the board, I do not think there is any sector which is highly overvalued per se. But in two to three sectors, especially the extern...
NBFCs may post up to 30% profit rise on strong loan growthNon-banking finance companies (NBFCs) in India are expected to report a 20-30% growth in net profit for the second quarter, driven by stron...
We have given a 25% plus growth target for this year: HP Singh, Satin Creditcare NetworkHaving said that, the reason why we feel that we are pretty confident in pent-up demand, because of the asset quality being much better tha...
ETMarkets Management Talk | Gold loans are smart loans due to faster processing, flexible repayment options: Muthoot Finance MD"As we continue to prioritize both loan disbursement and the endeavor to recover loans, we are optimistic regarding maintaining our Net Int...
Why Chandra Shekhar Ghosh is not worried about shortfalls in Q1 and expects Bandhan Bank to improve from Q2In the case of NIMs, we have guided for 7% to 7.5% and we have retained 7.3% on this. 44% of the secured portfolio has come from within tha...
India's inflation during Q1 suggests limited risk of a further rate hike, says Bandhan Bank MDBandhan Bank's MD, Chandra Shekhar Ghosh, has said India is unlikely to hike interest rates due to the limited risks of a further ATM hike ...
4 NBFC stocks with up to 37% upside potentialRobust loan disbursal, normalising credit costs, better collection and high retail spends are all pluses.
Our asset quality remains good and we feel comfortable pursuing growth: PN Vasudevan, EquitasWe have been able to maintain a fairly good inflow of retail deposits. Says Equitas MD.