The recent Kotak-EY report on Ultra HNI Indians would have us believe that there are 146,600 households with a wealth portfolio in excess of $5 million (about Rs 33 crore, though the calculation used in the report is $1=Rs 50). This number is ... Businessworld India, 1 week ago
So, why aren't you exploring international markets?" a curious analyst posed to Paresh Sukthankar, Deputy Managing Director of India's second largest private bank, HDFC Bank. "There are interesting emerging markets, which are investment grade," ...Yahoo! India, 1 month ago
HDFC Bank Limited (NYSE: HDB ) Q1 2017 Earnings Conference Call October 25, 2016 07:45 AM ET Executives Paresh Sukthankar - Deputy Managing Director Sashi Jagdishan - Chief Financial Officer Analysts Mahrukh Adajania - IDFC ...Seeking Alpha, 1 month ago
Axis Bank said provisions for NPAs jumped 71% (y-o-y) to R3,623 crore as R8,772 crore worth of loans turned non performing during the quarter (Source: Reuters) Net profits for a clutch of 11 private sector banks have stayed flat for the three ...Financial Express, 1 month ago
MUMBAI: Drying up of refinancing activity has hurt top private sector lenders the most. HDFC Bank reported a 10% sequential drop in the growth of its corporate book, Axis Bank saw a 6% fall and Kotak Mahindra Bank saw corporate activity sag raising ...Economic Times, 1 month ago
MUMBAI: Having burnt their fingers going overboard with corporate lending, banks are slowing their exposure to their credit cards business amid fears that they may be fuelling growth in a segment that may come under pressure due to slowing pay rises ...Economic Times, 1 month ago
Continuing increase in gross NPAs indicates more pain is in store, belying optimism that the worst is over for Indian banks struggling with deteriorating asset quality Mumbai: Axis Bank Ltd, India's third largest private lender, reported a 71% ...Livemint.com, 1 month ago
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