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Centrum Broking sees large banks' outlook attractive on strong Q3FY22 growth

Taking into account the strong Q3FY22 quarter for banks and housing finance companies, the brokerage house Centrum Broking sees large banks outlook attractive going ahead.Asset quality further improved for banks during the quarter, the . ....

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Aditya Birla Sun Life AMC gets SEBI nod for IPO - The Hindu BusinessLine

Aditya Birla Sun Life AMC gets SEBI nod for IPO - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Private banks: Private banks take a knock on asset worries


Mumbai: Most private banks have been perceived as bastions of stability for long by stock investors but that faith has been shaken of late after HDFC Bank’s June quarter results. Deterioration in asset quality of the private lender among the darlings on Dalal Street has raised concern among market participants that other stable banks may also be hit by weakening asset quality on account of the business disruptions caused by the second wave of Covid 19.
Shares of HDFC Bank ended down over 3 per cent at Rs 1,472.40 logging its biggest one-day fall in two months, leading the 1 per cent decline in the Sensex and Nifty. IndusInd Bank, IDFC First Bank, ....

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