Page 11 - Financial Sector

Nomura sees Nifty at 10,200 in Mar'21; financials to drag earnings

The lockdown's impact on corporate earnings will be worse than seen during the GFC, according to Nomura

Covid-19 impact on sectors: A two-quarter wait before growth picks up

The first of a three-part series highlights the issues faced by the auto, financial services, retail, and metals sectors

80% of financial sector IPOs since four years trade below issue price

The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.

Market rout: Financial sector stocks are not attractive yet, say analysts

Marque stocks are available at significantly lower valuations, but near-term risks may not be fully priced in

Covid-19: Lenders seek deferment in loan repayment, reclassification of NPA

IBA's managing committee met on Friday and decided to put up five set of demands to the central government and RBI to help the financial sector and retail and corporate borrowers alike

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

India is beginning to look like a tired proposition: Ashmore's Jan Dehn

After the election-related fiscal blowout, India needs to scale back fiscal spending and roll out aggressive reforms

Financial groups: Focus shifts to their ability to boost parent's valuation

While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched

Financial sector needs to rebuild trust, says YES Bank CEO Ravneet Gill

Edited excerpts from a discussion at the Business Standard Banking Round Table held in Mumbai

IIFL sees opportunity in crisis, bets on beleaguered financial sector

Defaults that began in 2017 with the IL&FS Group have triggered liquidity issues across other banks and shadow lenders that now face increased regulatory scrutiny

Too early to say that financial sector is out of the woods: M Raychaudhuri

Present liquidity-driven rally does generate some concerns about the market moving ahead of fundamentals, says Raychaudhuri

Insolvency rules for FSPs: Regulator has more control than CoC, say experts

Experts say a separate framework for financial service providers is required to protect retail investors, and for systemic reasons

Rescuing the financial sector

In the concluding part of the series, the author argues that a government with the courage to abrogate Article 370 must not shy away from the banking reform required

Rising risk of contagion in India's financial sector, cautions S&P

A recent contagion analysis released by the Reserve Bank of India (RBI) suggested that the failure of any top-five HFC or NBFC could result in the default of up to two banks

Financial sector stress

It is not obvious how the system will come out of it

Financial sector stability & our cook Lilu-tai

PMC Bank cannot create systemic instability but the triumvirate of banks/UCBs, shadow banks and realty firms can play havoc with the Indian financial system

Finance will need people who can work with robots as AI takes a 3rd of jobs

Job seekers with expertise in artificial intelligence, machine learning, and data science are among the most in-demand candidates in finance

Develop corporate bond market sustainably

The stunted development is rooted in structural issues with the economy and not the structure of markets

There is definitely a case for bigger and faster transmission of rates: Das

"It is necessary to have An effective interaction between the government and the RBI in the interests of the economy and the overall financial sector"

In RBI vs Finance Ministry fight, dissent takes the spotlight

According to reports, Finance Secretary will be putting up a dissent note in Jalan committee report and he is not going to be the first one to put in a dissent note in a financial sector report