bank stocks outlook

IndusInd Bank Q4 preview: PAT seen rising 43% YoY on strong NII, profitability

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IndusInd Bank Q4 preview: PAT seen rising 43% YoY on strong NII, profitability

Private sector lender IndusInd Bank is expected to report strong numbers for the quarter ended March on the back of healthy loan growth, higher interest income, improved margin and asset quality. The bank’s net profit for the quarter ended March is seen rising 43.4% on year to Rs 2,009 crore, according to the average of … Read more

Market’s a bit expensive but there are pockets to choose from in these 3 sectors: Mihir Vora

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Market’s a bit expensive but there are pockets to choose from in these 3 sectors: Mihir Vora

“Temporarily, some of the corporates which used to borrow in the bond markets, are now actually finding it cheaper to borrow from the banking system because thanks to bond repricing, bond market interest rates have gone up much faster compared to the banks which are linked to the repo rate and the MCLR,” says Mihir … Read more