Page 19 - Private Banks
Private banks' Q1 review: Overall net profit declines; interest, income up
The private sector banks with the most asset quality trouble, ICICI Bank and Axis Bank, said that this quarter's slippages were the lowest since the past few years
 "Private banks' Q1 review: Overall net profit declines; interest, income up")
Latest challenge for Asia's private bankers: Young, female, smarter clients
The old model of pushing IPOs or junk bonds to clients who spend more time golfing than behind a desk doesn't cut it anymore
 "Latest challenge for Asia's private bankers: Young, female, smarter clients")
Applying for a private bank job? A brief on the private banking jobs
The most popular private banks currently active in India are ICICI Bank, Axis Bank
 "Applying for a private bank job? A brief on the private banking jobs")
Five attractive small private banks
Exceeding Street expectations after demonetisation, five small private banks have again become market favourites. While these stocks tend to react to any news on consolidation in the sector (they're viewed as acquisition targets), investors should consider them for the strong franchise built over years. In a sector where even large banks struggle to maintain the net interest margin (NIMs) at over three per cent, ensuring this has not proved difficult for these lenders. Here are the five names, which investors could sample in their portfolios.City Union BankThis is among the oldest private sector banks, with a strong grip on market dynamics in the south, particularly Tamil Nadu. This is why despite over half of its loans being to small and medium enterprises (SMEs), it has handled asset quality issues better than others while lending to similar customers. A 63 per cent bias to working capital loans has helped it weather several downturns. Its deposits are retail-oriented (meaning, ...
 "Five attractive small private banks")