Top Banks of India

tag:blogger.com,1999:blog-77932226051892319072011-10-25T15:56:28.762+05:30Top Banks of IndiaSeasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.comBlogger60125tag:blogger.com,1999:blog-7793222605189231907.post-55676115210107691512010-05-06T12:32:00.001+05:302010-05-06T12:33:51.427+05:30Vijaya Bank: Growth That Needs to be Steadied

VIJAYA BANK: (BSE: 532401 | NSE: VIJAYABANK)Here we find growth, but that needs to be steadied. Q4 net up both sequentially and YoY, but the sequentially alternating dips and recoveries need to be convincingly eliminated.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-64797424512288212802010-05-06T12:29:00.000+05:302010-05-06T12:31:24.206+05:30South Indian Bank: What Went Wrong?

SOUTH INDIAN BANK: (BSE: 532218 | NSE: SOUTHBANK)Something went seriously wrong here. All that new costly image-building exercises and now the worst performing quarter in 2½ years. With a sequential drop of 38.20% and a YoY drop of 23%, nobody except the management knows what went wrong here. The market has already started on a severe correction on the scrip, which is expected to gather

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-9855779426630780242010-05-06T12:27:00.000+05:302010-05-06T12:28:32.078+05:30Bank of Maharashtra: Back to Health?

BANK OF MAHARASHTRA: (BSE: 532525 | NSE: MAHABANK)The YoY jump in net profit is insignificant at 1%, but this quarter marks a back-to-healthy step, as it further reinforces the turnaround that started in the December 09 quarter, after two consecutive quarters of poor performance. Still, a long way to go.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-50850525815321389752010-05-06T12:24:00.001+05:302010-05-06T12:26:38.162+05:30IFCI: A Breakout, But Will it Ever Reach Old Glory?

IFCI: (BSE: 500106 | NSE: IFCI)At first looks, the quarterly growth – both sequential and YoY - is impressive here, but the important question is whether net profit’s breakout from the 100s to the 200s will also prove to be a breakout from the last six quarters’ seesawing of dips and recoveries, to head on to pre-2008 glory when net played in the 600s.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-67902336865348727822010-05-06T12:22:00.000+05:302010-05-06T12:23:38.857+05:30Dena Bank: Predictable & Steady

DENA BANK: (BSE: 532121 | NSE: DENABANK)Repeats a predictable and steady performance. No big upmoves here, but all the moves – both sequential & YoY – are northwards.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-49812366659161259712010-05-06T12:19:00.001+05:302010-05-06T12:21:08.846+05:30Andhra Bank: A Reversal in Fortune?

ANDHRA BANK: (BSE: 532418 | NSE: ANDHRABANK)Seems to be encountering a reversal in fortune. Q4 net jumps YoY, but the deceleration in the previous quarters seems to be turning into a reversal, with this time's sequential dip.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-56232104199853853402010-05-06T12:17:00.000+05:302010-05-06T12:18:40.167+05:30Allahabad Bank: A Shocking Dip

ALLAHABAD BANK: (BSE: 532480 | NSE: ALBK)Here it is a shocking dip this time. Q4 net dips drastically, both sequentially and YoY, after three quarters of blistering performance.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-41965963063004580372010-05-06T12:15:00.000+05:302010-05-06T12:16:10.985+05:30Syndicate Bank: Previous Quarters Save the Show

SYNDICATE BANK: (BSE: 532276 | NSE: SYNDIBANK)Previous Quarters Save the Show here. Despite fourth quarter dipping drastically here – both sequentially as well as YoY – the overall picture is not so bleak, thanks to the good to moderate results of the first three quarters. Still, the quarterly seesawing of dips and recoveries should stop.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-55373264416949549502010-05-06T12:13:00.000+05:302010-05-06T12:14:18.254+05:30Indian Overseas Bank: Finally, Turning Around?

INDIAN OVERSEAS BANK: (BSE: 532388 | NSE: IOB)After four quarters of alarming performance, a tiny hint of a turnaround here.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-35390204186976134882010-05-06T12:09:00.000+05:302010-05-06T12:11:45.048+05:30Oriental Bank of Commerce: A Convincing Performance

ORIENTAL BANK OF COMMERCE: (BSE: 500315 | NSE: ORIENTBANK)The YoY jump is due to the low base, but sequentially this is going northwards. Overall, a convincing performance.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-44784281197755955172010-05-06T12:05:00.003+05:302010-05-06T12:52:49.207+05:30United Bank of India: IPO Affects Results?

UNITED BANK OF INDIA: (BSE: 533171 | NSE: UNITEDBNK)The performance seems to be distracted by the IPO. After a robust IPO, this kind of results – a 65% YoY plunge - is unpardonable. It seems that while the bank was immersed in the IPO business, dangers like higher provisioning and lower treasury crept in. Seriously needs to get it act together, before the market corrects the scrip with a

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-90164904892318598272010-05-06T12:01:00.001+05:302010-05-06T12:04:36.817+05:30Yes Bank: Can This Move Into the Big League?

YES BANK: (BSE: 532648 | NSE: YESBANK)The efforts to move into the big league is evident. Q4 further proves that the growth march in net profit still goes ahead undeterred, both sequentially and YoY.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-38001168829135287352010-05-06T12:00:00.000+05:302010-05-06T12:01:34.257+05:30ING Vysya Bank: Will the Breakout Sustain?

ING VYSYA BANK: (BSE: 531807 | NSE: INGVYSYABK)Here, there is a chance for a breakout from the usual pattern. The YoY jump of Q4 is impressive, but the more important question is whether the breakout seen from the last five quarters’ seesawing of dips and recoveries will gain strength. It should, hopefully, taking into account the higher highs seen sequentially.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-64581258459771896852010-05-06T11:57:00.000+05:302010-05-06T11:59:36.591+05:30IndusInd Bank: Growing, But Needs a Shift to Overdrive

INDUSIND BANK: (BSE: 532187 | NSE: INDUSINDBK)Growing, but the need for a shift to overdrive is evident. After years of lull, growth is here both YoY and sequentially, but it is the predictable, unexciting kind of growth, with the risk of another slowdown.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-19242379932223581612010-05-06T11:56:00.002+05:302010-05-06T11:56:51.080+05:30UCO Bank: At a Historical High

UCO BANK: (BSE: 532505 | NSE: UCOBANK)Q4 net has surged by 269%, but that can be explained away on the low base. What is surprising is the steady sequential growth exhibited throughout FY’ 2010, which has now culminated in an almost historical high – at least since 2002 – quarterly performance, in absolute numbers.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-27342043949684100242010-05-06T11:54:00.000+05:302010-05-06T11:55:13.576+05:30Indian Bank: Growing, But Growth Slowing?

INDIAN BANK: (BSE: 532814 | NSE: INDIANB)Growing still, but the growth seems to be slowing down. A healthy performance, but YoY has barely grown, while sequential net profit drops after two straight quarters of growth.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-35877754357195750412010-05-06T11:32:00.000+05:302010-05-06T11:40:13.200+05:30IDBI Bank: On a Comeback, But Miles to Go

IDBI BANK: (BSE: 500116 | NSE: IDBI)Here, it is a definite comeback, but there are still miles to go. Sequential results jump, but that jump is not enough to move much above the corresponding Q4.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-60861022614741496382010-05-06T11:05:00.000+05:302010-05-06T11:06:27.955+05:30Corporation Bank: Steady But Slow Growth

CORPORATION BANK: (BSE: 532179 | NSE: CORPBANK)Continues to be both steady and slow. The YoY jump is impressive here, and that is not just by the low base, but still the sequential pace still has much room for improvement. Otherwise, a reversal in fortune can happen in the coming quarters.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-42743388240684166702010-05-06T11:01:00.001+05:302010-05-06T11:02:37.213+05:30Canara Bank: Unpredictable Moves, Again

CANARA BANK: (BSE: 532483 | NSE: CANBK)Here the quarterly moves continue to be unpredictable. Q4 dips drastically both YoY and sequential, and is almost the worst performance in two years.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-79720888600289392352010-05-06T10:58:00.001+05:302010-05-06T10:59:19.134+05:30Bank of Baroda: Making Up for Lost Time?

BANK OF BARODA: (BSE: 532134 | NSE: BANKBARODA)Q4 net jumps YoY, further reversing the downtrend in the first and second quarters. More than makes up for the lost time.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-77777530197483438012010-05-06T10:55:00.000+05:302010-05-06T10:56:31.806+05:30Axis Bank: Moving Into Its True League?

AXIS BANK: (BSE: 532215 NSE: AXISBANK)Finally, indications of moving into its true league are visible here. The convincing Q4 numbers, both sequentially and YoY, point to catching up with ICICI Bank & HDFC Bank, and there are no signs of fatigue here.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com1tag:blogger.com,1999:blog-7793222605189231907.post-32639609972909023822010-05-06T10:51:00.001+05:302010-05-06T10:53:06.752+05:30Central Bank of India: Again, The March Pullback

CENTRAL BANK OF INDIA: (BSE: 532885 | NSE: CENTRALBK)The March quarter is again proving to be problematic here. Despite Q4 profits jumping almost three-fold YoY, nobody here is claiming victory, as it is almost solely due to the low base. The quarter ending March has again come to haunt here, with a serious sequential dip from the excellent performance of the last two consecutive quarters.

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-39479154759176186222010-05-06T10:32:00.002+05:302010-05-06T12:49:57.487+05:30HDFC Bank: Impressive, But Expect Lesser?

HDFC BANK: (BSE: 500180 | NSE: HDFCBANK)Is it time to expect lesser here? The YoY jump is impressive as it is not on a much low base, but the sequential jumps are getting smaller. Still, can’t complain. But with parent HDFC Ltd as well as offspring HDFC Bank having majority foreign ownership – with a whopping 73% foreign ownership in HDFC Bank, and it existing as ‘Indian’ only on a proposed

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-27515165075659791762010-05-06T10:14:00.002+05:302010-05-06T12:47:58.907+05:30ICICI Bank: Back in Reckoning?

ICICI BANK: (BSE: 532174 | NSE: ICICIBANK)Seems to be back in the reckoning. YoY jump is on low base, but the steady sequential growth hints at again being the heavyweight it once was. No wonder even RBI is encouraging with more time for attaining 70% PCR. But with 67% foreign ownership, and the bank existing as ‘Indian’ only on a proposed RBI exemption, it needs to tread carefully during

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0tag:blogger.com,1999:blog-7793222605189231907.post-13605057068542934172010-05-05T12:54:00.004+05:302010-05-05T17:14:16.678+05:30How 24 Indian Banks Actually Performed in Q4

When the fourth quarter results from private and state-promoted banks of India started pouring in, everything seemed to look up. But on a closer analysis and with more results coming in, the overall picture is not so rosy. It is a mix of under performance, reasonable performance, and rare instances of over performance. While some underperformers hid behind improvement in core numbers like Net

Seasonal Magazinehttp://www.blogger.com/profile/09830834806981793146noreply@blogger.com0