Page 18 - Bank Stocks

Bank stocks fall up to 40% since Budget. Is it a good time to buy?

Given the developments, analysts say the road ahead for these stocks remains challenging till there is a pick-up in the economic sentiment and clarity on government policy

PSU bank stocks set for a jump in 2019 after a three-year gap: Analysts

The support that PSBs get from loan recoveries will add up as an important component to their financials in 2019

Bank stocks in demand after government infusion; UCO Bank surges over 12%

The government on Monday infused Rs 10,882 crore in four public sector banks, including UCO Bank and Syndicate Bank

Don't bank too much on bank stocks

One axiom of modern economics is that a financial crisis takes longer to mitigate than a crisis in any other given sector. Finance is the life-blood of every sector and a crisis in finance affects every other sector. At a global level, we've seen this since the so-called Subprime Crisis in 2008. The global economy has still not fully recovered despite interventions by central banks. India has been in the middle of an unacknowledged bank crisis since 2012-13. It started with the government opening up the liquidity tap to combat the second stage of the global financial crisis. At that stage, lots of wannabe infrastructure developers made unrealistic bids on roads, mines, power projects, etc. Once those loans started going bad, it got worse and worse. Moreover, banks threw good money after bad, by greening NPAs (non-performing assets). During Raghuram Rajan's tenure, the Reserve Bank of India (RBI) started to force banks to strictly recognise NPAs. That revealed the extent of the ...

Govt bank stocks on fire after recapitalisation plan

Nifty PSU banks index jumps a record 30%; m-cap of these stocks zooms to Rs 1.2 lakh cr; Sensex crosses 33k-mark