All stories by Hamsini Karthik
Lakshmi Vilas Bank may decide on proposed meVBRediff.com6 Nov 2020
With a potential liability of Rs 750-800 crore, sources say Clix Capital's stand on the matter would be crucial in finalising the merger valuation.
Faster deposit growth may not bring cheers to banksRediff.com13 Oct 2020
Should deposit growth continue to outpace credit growth, banks may end up ceding some hard-earned 25-50 bps improvement in profitability or net interest margin gained in the past two years.
Watch out for these five banking stocks!Rediff.com12 Aug 2020
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
Jio Platforms: What's next on Mukesh Ambani's mind?Rediff.com27 May 2020
How sentiments have changed for banksRediff.com2 May 2020
Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.
Yes Bank's additional tier-1 bondholders plan legal actionRediff.com7 Mar 2020
With the Reserve Bank of India's (RBI's) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who have invested RS 10,800 crores are up in arms, reports Hamsini Karthik.
Challenges mount for India's costliest banking stockRediff.com24 Dec 2019
While the overall loan disbursements stood strong at 15 per cent YoY in Q2, pockets such as vehicle finance, loans to NBFCs, and business banking showed some weakness. A continued fall in these numbers may make it tough for AU SFB to defend its valuations under the current circumstances.
Will Voltas manage to defend its market share?Rediff.com24 Dec 2019
International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.
RBI junks banks' plea on stressed assetsRediff.com18 Nov 2019
Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC.
The real problem behind Yes Bank's woesRediff.com13 Nov 2019
The operating environment is unpredictable, but if the bank can't give a clear picture of what's in store, calling the bottoming out of its asset quality stress is nearly impossible.
Shyam Srinivasan on Federal Bank's vision, and moreRediff.com22 Oct 2019
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
Bank stake sales in insurance, MF arms hit a wallRediff.com3 Oct 2019
Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in acquiring stakes in insurance arms or mutual funds of other lenders.
Read this interview before investing in stocksRediff.com3 Sep 2019
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
There's a flip side to linking lending and repo ratesRediff.com27 Aug 2019
Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.
Why stocks of these 3 HFCs are faring so badlyRediff.com23 May 2019
Share prices of Dewan Housing, Indiabulls Housing, and PNB Housing have declined 30-80% in the past one year
Why the Street continues to be pessimistic about NBFcsRediff.com24 Apr 2019
Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.
Why Maruti is staring at worst quarter in 5 yearsRediff.com22 Apr 2019
Pessimism largely emanates from the fact that the volume outlook for FY20 isn't encouraging at the moment.
Why ICICI Bank's stocks will remain under stressRediff.com29 Jan 2019
Until the current top management is cleared of charges filed in the FIR by the CBI, stocks of the bank and I-Pru Life will remain stressed.
Don't expect high returns from the stock marketRediff.com16 Aug 2017
'It is almost four years since we've seen strong growth in earnings.' 'The markets have rallied about 20 per cent in the past year, which is ahead of earnings.' 'So, the stress now will be on earnings to catch up.'
Who will gain the most from SBI's savings rate cut?Rediff.com1 Aug 2017
Analysts expect banks with a strong deposit franchise to benefit from SBI's rate cut as they too are likely to follow the leader.
Achche Din ahead for these three stocksRediff.com27 Jul 2017
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
Why are large-cap stocks looking attractive now?Rediff.com27 Apr 2017
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
5 mid-cap infra stocks to bet onRediff.com24 Apr 2017
Infrastructure stocks are once again gaining traction.
4 cool stocks to beat the heatRediff.com12 Apr 2017
Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs but still haven't lost their steam
Insurance IPOs will be hot in 2017Rediff.com4 Apr 2017
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
Why you should stay away from 'politically-linked' stocksRediff.com4 Apr 2017
The P-75 index, a subset of BSE 500 stocks, has severely underperformed the broader market across time horizons
Note ban shadow lingers over one in four BSE 200 stocksRediff.com30 Mar 2017
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
10 PSU stocks worth buyingRediff.com30 Mar 2017
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Gold earned better returns than equityRediff.com23 Mar 2017
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Investing in construction stocks? Read this firstRediff.com10 Mar 2017
Unless companies press the pedal on implementation, further stock price gains might be limited, says Hamsini Karthik.
'Expect Sensex to touch 29,000 by Dec'Rediff.com7 Feb 2017
'Despite uncertainties around demonetisation and the GST, we expect Indian equities to deliver positive returns.'
'I don't believe India is that fragile'Rediff.com30 Jan 2017
'I have very little faith in economists who tell me that demonetisation will reduce growth.' 'The greater effect of demonetisation is if it creates changes in the financial services system and gets people to shift from cash.' 'The economy is not a trained monkey that will jump around if you lower rates.'
Want to play safe in 2017? Bet on banksRediff.com6 Jan 2017
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
Can Indian markets absorb FII selling?Rediff.com3 Jan 2017
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
DeMo: 'Everyone is in a wait-and-watch mode'Rediff.com30 Dec 2016
'The Street is divided on when we could recover from demonetisation.' 'The government believes it is a pain at best for two quarters.' 'Some analysts feel the impact could be felt for two-three quarters and some that it could last for 12 to 15 months.' 'Investors are stuck in a no-action zone.'
Demonetisation shocker: 50% of BSE 200 stocks erase 2016's gainsRediff.com28 Dec 2016
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
Why you must invest in these 5 mid-cap stocksRediff.com6 Dec 2016
Five stocks - Havells, NCC, Suzlon, Blue Star and Crompton Greaves look most attractive after the recent course correction.
'True fruits of attack on black money in 2019'Rediff.com5 Dec 2016
'The true fruits of the attack on black money, what Raghuram Rajan did for the banking system, and what technology is doing for us will come in FY19, which, not surprisingly, is the year running up to the next Lok Sabha elections.'
Consumer stocks losing out to industrial ones as market correctsRediff.com25 Nov 2016
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
Bad loans will continue to haunt SBIRediff.com14 Nov 2016
There seems to be little stopping in the creation of loan slippages. At Rs 10,341 crore, slippages have almost doubled compared to a year-ago level, reports Hamsini Karthik from Mumbai.