Discover and read the best of Twitter Threads about #provisions
Most recents (4)
#AxisBank has raised 10000Cr via #QIP,at Rs 420.10,which is 5% discount to lower end of band
15000Cr,recently raised by #YesBank
In last 6 months,52000Cr raised by #Banks--#CapitalAdequacy will be key in dealing with post #Covid stress
Great move by banks to shore up Capital💪
15000Cr,recently raised by #YesBank
In last 6 months,52000Cr raised by #Banks--#CapitalAdequacy will be key in dealing with post #Covid stress
Great move by banks to shore up Capital💪
#ICICIBank wanted to raise 15000Cr but got bids worth 62000Cr today at floor price of 351.36/-
Within few hours of opening,due to huge oversubscription,#QIP was closed
Clearly,there is no dearth of liquidity in the markets
90000Cr raked in by #DebtFunds in July'20
#GreenShoots
Within few hours of opening,due to huge oversubscription,#QIP was closed
Clearly,there is no dearth of liquidity in the markets
90000Cr raked in by #DebtFunds in July'20
#GreenShoots
Lot has been written about #BoB's loss of 864Cr in June qtr,from 710Cr profit,YoY
Like i have been saying,most Banks now focus on #AssetQuality¬ just Profits
BoB hiked #Provisions by 54% on standard loans,to cover for future losses
In 2013,Banks were doing the opposite😑
Like i have been saying,most Banks now focus on #AssetQuality¬ just Profits
BoB hiked #Provisions by 54% on standard loans,to cover for future losses
In 2013,Banks were doing the opposite😑
#RBIPolicy at 12pm today,is likely to keep status quo on #REPO rate, which was last lowered by 40bps in May 2020,to 4%
In 2020,REPO cut by a total of 115bps
In 2019 REPO cut by 135bps
What may weigh on #MPC's mind is #Inflation,which was 6.09% in June 2020 Vs 5.84%,in March'20
In 2020,REPO cut by a total of 115bps
In 2019 REPO cut by 135bps
What may weigh on #MPC's mind is #Inflation,which was 6.09% in June 2020 Vs 5.84%,in March'20
Some like #ICRA predicting 25bps REPO cut,saying #RBI may want to be ahead of the curve,despite build up of inflationary pressures
Well,10 Yr #BondYield was 5.83% y'day
Today 10 Yr@5.84%--Bond markets are clearly not expecting rate cut
#REPO at 4%,is already lowest in 20yrs
Well,10 Yr #BondYield was 5.83% y'day
Today 10 Yr@5.84%--Bond markets are clearly not expecting rate cut
#REPO at 4%,is already lowest in 20yrs
As expected, #RBIPolicy leaves #REPO& Reverse REPO unchanged
Right thing to do,as further reduction in rates at this stage, would have distorted #YieldCurve
Already,3 month #MCLR of #SBI is 6.65%& 1 yr at 7%
#MonetaryTransmission is happening,so more cuts not needed currently
Right thing to do,as further reduction in rates at this stage, would have distorted #YieldCurve
Already,3 month #MCLR of #SBI is 6.65%& 1 yr at 7%
#MonetaryTransmission is happening,so more cuts not needed currently
Left liberals went berserk,citing #ParleG sales,last yr
Now that #Britannia reported phenomenal 117% jump in profit,on back of solid 22% volume growth &82% rise in #Ebitda,biscuit sales don't matter,huh?
Britannia's 27% revenue growth, clearly shows,#Greenshoots are for real💪
Now that #Britannia reported phenomenal 117% jump in profit,on back of solid 22% volume growth &82% rise in #Ebitda,biscuit sales don't matter,huh?
Britannia's 27% revenue growth, clearly shows,#Greenshoots are for real💪
#HdfcBank reported yet another stellar qtr,with #Profit up 20% in June qtr at 6658.62Cr,despite #Provisions rising 49%
NII up 17.8%,Advances up 20.9%&
Deposits up 24.6%
#CapialAdequacy went up from 16.9% to 18.9% YoY,though regulatory requirement is only 11.075%💪
#GreenShoots
NII up 17.8%,Advances up 20.9%&
Deposits up 24.6%
#CapialAdequacy went up from 16.9% to 18.9% YoY,though regulatory requirement is only 11.075%💪
#GreenShoots
#BharatBondETF raised 10000Cr, oversubscribed 3x
#YesBank raised 95%,14270Cr@ lower end of band of Rs12-13
In less than 5 months,from being run aground by #RanaKapoor&Co,to being rescued by #SBI,under aegis of @narendramodi gov&raising capital,is a great turnaroun
#GreenShoots
#YesBank raised 95%,14270Cr@ lower end of band of Rs12-13
In less than 5 months,from being run aground by #RanaKapoor&Co,to being rescued by #SBI,under aegis of @narendramodi gov&raising capital,is a great turnaroun
#GreenShoots
#ICICIBank to raise capital;Last time it raised capital was 20000Cr,in 2007
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
#IndianBanks are expected to raise between $20-$50bn in 2020
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
Various measures by @narendramodi govt in last 6yrs have empowered Indian Banking
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
