ICICI Bank posts stable earnings
ICICI Bank posts stable earnings

ICICI Bank posts stable earnings

Rohan Takalkar Article rating: No rating

ICICI Bank posted stable asset quality and earnings for Q3FY18, GNPA’s remained little changed. However, the bottom-line remained subdued compared to the quarter and the previous year.

Budget 2018: Big boost of agricultural and rural economy
Budget 2018: Big boost of agricultural and rural economy

Budget 2018: Big boost of agricultural and rural economy

Rohan Takalkar Article rating: 5.0

In the starting commentary finance ministry announced major relief for the farmers. The government increase in MSP of kharif crops by 1.5 times the cost of produce of the crops. It has earlier increased the MSP of rabi crops by similar percentage. This comes in line with the governments aim at doubling the farmers income by FY2022.

IMF: World economy upbeat, India to grow at a faster pace of 7.4 per cent
IMF: World economy upbeat, India to grow at a faster pace of 7.4 per cent

IMF: World economy upbeat, India to grow at a faster pace of 7.4 per cent

Rohan Takalkar Article rating: 3.0

India soon to lead as the fastest growing economy in the world followed by China. IMF in their latest world economic outlook reiterated India’s growth forecast for 2018 at 7.4 per cent and 7.9 per cent for 2019. While, China is expected to grow at 6.8 per cent and 6.4 per cent for 2018 and 2019, respectively.

HUL posts stellar Q3 performance
HUL posts stellar Q3 performance

HUL posts stellar Q3 performance

Rohan Takalkar Article rating: 5.0

FMCG major Hindustan Unilever posts stellar bottom-line performance. The company's quarterly results showed growth in the home care and personal care segments.

Federal Bank posts stable quarterly earnings
Federal Bank posts stable quarterly earnings

Federal Bank posts stable quarterly earnings

Rohan Takalkar Article rating: No rating

Federal Bank reported its quarterly results with slight deterioration in asset quality over the previous quarter on Monday. However, the interest income and profitability showed strong performance

Infosys posts robust bottom-line, beats market estimates
Infosys posts robust bottom-line, beats market estimates

Infosys posts robust bottom-line, beats market estimates

Rohan Takalkar Article rating: 1.0

Infosys's reported consolidated results for the quarter beat market estimates on bottom-line. Revenue for the quarter came in 0.2 % lower than the estimated figure of Rs. 17829 crores. And lastly, net profit for the quarter came in 42.12% higher than the estimated figure of Rs. 3609 crores.

IndusInd Bank Q3FY18 results meet estimates
IndusInd Bank Q3FY18 results meet estimates

IndusInd Bank Q3FY18 results meet estimates

Rohan Takalkar Article rating: No rating

IndusInd Bank reported its quarterly results which were in-line with street estimates for Q3FY18.The bank's asset quality weakened while profitability improved on a quarterly basis.

South Indian Bank registers robust asset quality improvement
South Indian Bank registers robust asset quality improvement

South Indian Bank registers robust asset quality improvement

Rohan Takalkar Article rating: 2.7

Result season kickstarted with South Indian bank reported its Q3FY18 results on Tuesday. The mid-cap private sector bank posted robust earnings and stellar asset quality improvement over the previous quarter

What is RBI's prompt corrective action?
What is RBI's prompt corrective action?

What is RBI's prompt corrective action?

Rohan Takalkar Article rating: 4.0

RBI has imposed prompt corrective action (PCA) on Allahabad Bank for non-fulfillment of the regulatory requirements regarding adequate capital, rising NPA’s and return on assets on Wednesday. Almost half of public sector banks are under RBI’s watch of prompt corrective action. Here is short brief about what is PCA

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