Page 7 - Bank Stocks

What lies ahead for bank stocks amid Middle East tensions, oil rally?

Besides, uncertainty over the capital infusion proposal for the public sector banks (PSBs) under the upcoming Union Budget for 2020-21 has also soured investor sentiment.

SBI, PNB, BoB slip up to 4% as US-Iran tension push bond yields higher

Apart from higher yields, the mood at the financial counters was dampened on the report that the government may not propose fresh capital infusion under Union Budget 2020.

OMCs, banks slump as US military kills top Iranian military commander

Brent Crude Futures surged over 3 per cent to trade at $68.25 per barrel-mark. The West Texas Intermediate, too, gained 2.71 per cent to $62.84 per barrel.

Syndicate Bank, SBI add up to 6% as RBI to buy and sell bonds via OMOs

With this, analysts believe, the RBI intends to lower yields on long-term bonds, and keep the liquidity at the system level intact. The move will allow the government to borrow at lower cost.

Banks surge on report govt may raise bond investment limit for FPIs to 10%

Additionally, sentiment at D-Street was bolstered by the latest amendments approved by the Cabinet Committee of Economic Affairs with respect to the Insolvency and Bankruptcy Code (IBC).

Private Bank Q2 review: Top-line nos improve; Q3 may see better recoveries

The quarter gone by saw mixed results in terms of asset quality. Among key private players, only ICICI Bank and Axis Bank reported a fall in gross non-performing assets on a YoY basis

Bank stocks cheer SC verdict on ArcelorMittal's acquisition of Essar steel

While Corporation Bank gained the most, up 17 per cent in Friday's trade, State Bank of India (SBI), IDBI Bank, Punjab National Bank, and Canara Bank rose 2.5-5 per cent

Second wave of NPAs? SBI, BoB, YES Bank could be hit, says Jefferies

YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL

Bank stocks fall up to 40% since Budget. Is it a good time to buy?

Given the developments, analysts say the road ahead for these stocks remains challenging till there is a pick-up in the economic sentiment and clarity on government policy

PSU bank stocks set for a jump in 2019 after a three-year gap: Analysts

The support that PSBs get from loan recoveries will add up as an important component to their financials in 2019

Bank stocks in demand after government infusion; UCO Bank surges over 12%

The government on Monday infused Rs 10,882 crore in four public sector banks, including UCO Bank and Syndicate Bank

Don't bank too much on bank stocks

One axiom of modern economics is that a financial crisis takes longer to mitigate than a crisis in any other given sector. Finance is the life-blood of every sector and a crisis in finance affects every other sector. At a global level, we've seen this since the so-called Subprime Crisis in 2008. The global economy has still not fully recovered despite interventions by central banks. India has been in the middle of an unacknowledged bank crisis since 2012-13. It started with the government opening up the liquidity tap to combat the second stage of the global financial crisis. At that stage, lots of wannabe infrastructure developers made unrealistic bids on roads, mines, power projects, etc. Once those loans started going bad, it got worse and worse. Moreover, banks threw good money after bad, by greening NPAs (non-performing assets). During Raghuram Rajan's tenure, the Reserve Bank of India (RBI) started to force banks to strictly recognise NPAs. That revealed the extent of the ...

Govt bank stocks on fire after recapitalisation plan

Nifty PSU banks index jumps a record 30%; m-cap of these stocks zooms to Rs 1.2 lakh cr; Sensex crosses 33k-mark