"Deposits fell 10-11 percent and almost two-third of reduction is on account of government-related accounts – this is largely related to general private sector bank stance. This will also result in lower CASA ratio, but reduce our dependency on this category for deposits in future," IndusInd Bank said in a regulatory filing on BSE on March 30. … [Read more...] about IndusInd Bank deposits shrink by 10-11%, brokerages see tough road ahead
Iifl securities
We estimate a 10% YoY contraction in Nifty EPS in FY21: R Venkataraman
Q) In the first six months of 2020 we saw plenty of buybacks and companies going for delisting. What is the rationale behind these moves and do you think this will continue in the next six months?A) Several companies were attractively valued after the sharp correction in 1QCY20 and this could have encouraged buybacks. Also, some corporates may have announced buybacks for supporting stock prices. … [Read more...] about We estimate a 10% YoY contraction in Nifty EPS in FY21: R Venkataraman
Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts
Also, the current rally in gold prices globally could be an advantage for households to get the maximum amount through a gold mortgage. Gold prices shot up 40 percent this year so far due to ample liquidity pouring in by central banks, geopolitical tensions, US-China trade tensions and fear of the second wave of COVID infections. … [Read more...] about Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts
