Public Sector Banks – Performance revisited..

SBI and a number of other Public Sector Banks (PSBs) declared their results for June’16 quarter last Friday. The results was a big sigh of relief as it provided much needed succor after heavy losses in March’16 quarter. A sample of PSBs including the top three, reported profit of Rs 3,100 crore, a sharp reversal from … Continue reading Public Sector Banks – Performance revisited..
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Asset Reconstruction Company – From Slag to Cement..!

Recent announcement by SBI and ICICI bank to form Asset Reconstruction Company (ARC) in collaboration with global players is an important step ahead for Indian Financial market. The ARC business, which has been existing in the country for almost 15 years now hasn’t got the momentum it needs. The entry of these players should help ARCs get onto their … Continue reading Asset Reconstruction Company – From Slag to Cement..!
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Weekly Round Up – Week 31

Eight Core Industries have recorded growth of 5.2 % in June’16, a rebound from 2.8% growth in May. Its cumulative growth for Q1’FY17 stands at 5.4%, much higher than the growth of 2.5% in Q1’FY16. The growth remains constrained by performance of crude oil and natural gas which continue to record decline in production. The core sectors are the building … Continue reading Weekly Round Up – Week 31
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Bank Recapitalization – Precursor to consolidation..?!

Government’s decision to recapitalize banks is a prudent move which would reduce considerable stress from the banking sector. Public Sector Banks (PSBs) have been reeling under the load of growing NPAs which has caused significant erosion in their equity base and aversion to lending. While it would help the weaker banks to enhance their capital adequacy … Continue reading Bank Recapitalization – Precursor to consolidation..?!
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SBI – The Lone Ranger..!

State Bank of India (SBI) declared its results today and much to the relief it did not slip into red like most of its Public Sector peers. Net profit did fall by 66% for the quarter yet it was able to save a little for its shareholders and to be carried to the balance sheet. Operationally, … Continue reading SBI – The Lone Ranger..!
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'Bank'ing on Consolidation..

State Bank of India (SBI) has set the ball rolling for consolidation in banking sector with stating its intentions to merge the associate banks with itself, a long awaited move. A brief look at the rationale and the challenges… For an industry to prosper, it is essential to have a competitive structure which is neither … Continue reading 'Bank'ing on Consolidation..
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‘Bank’ing on Consolidation..

State Bank of India (SBI) has set the ball rolling for consolidation in banking sector with stating its intentions to merge the associate banks with itself, a long awaited move. A brief look at the rationale and the challenges… For an industry to prosper, it is essential to have a competitive structure which is neither … Continue reading ‘Bank’ing on Consolidation..
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