For almost in 12 years, credit growth has dropped to single digit, at 9.66% on a year on year basis for the first time against a growth rate of 10.75% in the last fiscal as per available data. To protect and to maintain their books, banks had parked more than Rs.133,925 Crores with RBI through reverse repo window which is normally used to suck out the excess money from the system.
November 12th, 2009 | Shabbir Bhimani | 2 comments | ContinuedAll Posts Tagged With: "Banking"
Banking Sector result Analysis & growth outlook
Current results season has produced a spectacular picture about growth in industrial activities and services. Results of the banking sector depicts that the economy in general is maintaining its growth momentum.
October 28th, 2009 | Shabbir Bhimani | 2 comments | ContinuedFirst Islamic Bank in India
Islamic Bank cannot be called a Bank because of RBI guidelines but it looks like time has changed and Kerala may have first Islamic Bank Next year.
September 2nd, 2009 | Shabbir Bhimani | 31 comments | ContinuedCanara Robeco FORCE Fund
Review and Analysis of how good is Canara Robeco FORCE Fund NFO, and whether it offers anything new and unique for the investors.
August 7th, 2009 | Shabbir Bhimani | 0 comments | ContinuedNo More High Value Check Clearing
RBI has, vide its circular dated April 13, 2009, made the following changes in High Value Clearing for metro centers. Following is the roll out plan for RBI
May 5th, 2009 | Shabbir Bhimani | 0 comments | ContinuedShould I Invest in HDFC Bank ?
I would like to draw your attention to one of world class Indian bank and why you should invest in HDFC bank at current levels.
April 11th, 2009 | Shabbir Bhimani | 9 comments | ContinuedIslamic Banking, Solution to current problem
For the successful Islamic banking operations, it will be on Government to implement Islamic banking. If not they should atleast provide bank status to Islamic finance institutes as they are termed right now do they can issue cheque and other such facility like banks.
March 15th, 2009 | Shabbir Bhimani | 1 comment | ContinuedUnderstanding the present credit market situation
Corporate India is now feeling the “Credit Crunch” This type of environment was seen in the year 1995 – 1996 an now the cycle is repeating itself. Corporates have not yet pressed the panic button but they seem familiar with the signs that are coming towards them. Smart players who have already seen the signs [...]
July 2nd, 2008 | Shabbir Bhimani | 1 comment | ContinuedRBI creates a burden on home loan borrowers
Private sector banks might increase their lending rate to one percentage point (100 basis points). There is a possibility for many, to increase the rates by one percentage point from July1, 2008. This happened because of the inflationary pressure which has led to an increase of interest rates.
June 29th, 2008 | Shabbir Bhimani | 1 comment | ContinuedReal estate, technology and banking sector analysis
Technology seems to have come out as a big winner from all that happened in the past 3 months. It is all because of the rupee. Since the rupee fell, technology stocks have been then bought. For example; Infosys is going up quite strongly. Also, MindTree is a second tier IT company to be taken into consideration.
June 10th, 2008 | Shabbir Bhimani | 1 comment | Continued
