Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Its not so tough to improve insurance coverage at nominal cost.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
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While cost pressures could partly offset the expected gains, given the currency hedging by companies the gains will not accrue immediately.
The December quarter, generally a soft one for India's IT sector due to holidays and furloughs in certain sectors, is expected to be further affected because of currency volatility.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
Rajinikanth fans throng Chennai theatres to catch his latest film Lingaa.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
