2023-10-03
YIELD ON 10 YEAR INDIAN GOVERNMENT BONDS
One of the key factors contributing to the decline in the value of the rupee against the US dollar is the tightening yield spread between the 10-year India government bond and the US government bond. The yield on a 10 year Indian Government bonds is now only 295 basis points higher than that of US […]
2023-10-03
GOOD RUN FOR BANKS, BUT FOR HOW LONG?
Barring a few, most banks have shown a drop in low-cost CASA. Ditto for their net interest margin. The credit quality is holding up, but some banks have reported fresh slippages. The combined net profits of 32 listed private and public sector banks (PSBs) were up 40.56 per cent in FY23 to close to about […]
2023-10-03
INDIAN BANKERS WHO CREATED INVESTOR WEALTH
Uday Kotak’s decision to step down as managing director and chief executive officer of Kotak Mahindra Bank marks the end of an era that saw a clutch of lenders blooming into large financial conglomerates. Kotak along with Deepak Parekh, Aditya Puri, and KV Kamath played a pivotal role in development […]