When we were trying to assume the NPA issue has been slowly settling down in banking sector, ICICI results reminded us that the saga continues. The bank sees ...
The Banking sector in India has slowly been moving up in valuation. In the last three months when Nifty moved by 7.19%, bank nifty moved by 12.98%! Banks are ...
The NPA saga is not yet over. Bad loans are piling up. The 25 Banks that have released results, have increased their Gross NPA by 81.18% and Net NPA by 95.79% ...
ICICI Bank ICICI Bank (Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company. It is ...
A quick look at Banking results shows us a major deterioration in NPAs – both Gross and Net. Gross NPAs = the loans that are 3 months (or more) delayed ...
Q4 Results are out! As the Nifty 50 companies line up to disclose their performance report, we bring you a summary of their results along with the schedule ...
CARE has downgraded JP Associates‘ rating to D, which means that according to CARE they are in default, or very likely to default. What they say: The ...
Now I look really ignorant, so I will first say, Sorry. And apologies to Economic Times. I had said in an earlier post that ET was probably inventing the story ...
Investors in Bank Stocks must be feeling horrible as the Bank Nifty dropped 4.8% on the news that RBI will effectively raise rates. Stocks like IndusInd and ...
ICICIBank, despite declaring fairly good results, has gotten hammered recently: (Click for a larger picture) Their consolidated EPS went up 71% in the Dec 2010 ...