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Quote on HDFC Bank Q4 Results by Ajit Kabi, Research Analyst, LKP Securities Below the Quote on HDFC Bank Q4 Results by Ajit Kabi, Research Analyst, LKP Securities   *HDFC Bank Q4* Net Profit at Rs 16512.0 crore versus poll Rs 17315.0 crore NII at Rs 29077.0 crore versus poll Rs 28876.0 crore Provisions at Rs 13810.0 crore versus Rs 4604.0 crore QoQ Gross NPA at 1.24% crore versus 1.26% QoQ Net NPA at 0.33% crore versus 0.31% QoQ Profit numbers seen lower on back of higher provisions QoQ, asset quality seen inline.   Above views...
Quote on HDFC Bank Q4 Results by Ajit Kabi, Research Analyst, LKP Securities
Quote on HDFC Bank Q4 Results by Ajit Kabi, Research Analyst, LKP Securities
Source: LKP securities Ltd
2024-04-21 05:22:01 pm
Quote on Monetary Policy Committee Announcement from Ajit Kabi, Research Analyst at LKP Securities Below the quote on Announcement from Ajit Kabi, Research Analyst at LKP Securities   MPC voted 5:1 for keeping the rate unchanged at 6.5%, whereas the focus shifting towards withdrawal of accommodation. The reverse repo fixed at 3.35%. RBI may commence repo rate cuts from October, It will wait to see monsoon status this year, then will take decision. Overall it is expected that low interest rates scenario will start from this year ultimately positive for stock market....
Quote on Monetary Policy Committee Announcement from Ajit Kabi, Research Analyst at LKP Securities
Quote on Monetary Policy Committee Announcement from Ajit Kabi, Research Analyst at LKP Securities
Source: LKP securities Ltd
2024-04-05 02:48:11 pm
Quote on MPC Announcement by Ajit Kabi, Research Analyst at LKP Securities. Below the Quote on MPC Announcement by Ajit Kabi, Research Analyst at LKP Securities.   RBI MPC meeting outcome * RBI kept the policy rate unchanged at 6.5% (expected). * ?RBI is cautious on inflation and retail inflation projected at 5.4%. * ?GDP growth for FY24 pegged at 7%. * ?No indication of rate cut in near term. We were expecting a dovish stance but RBI provides no information of rate cut soon. The cautious view on inflation is disappointing. The...
Quote on MPC Announcement by Ajit Kabi, Research Analyst at LKP Securities.
Quote on MPC Announcement by Ajit Kabi, Research Analyst at LKP Securities.
Source: PR Agency
2024-02-08 03:12:40 pm
Quote on MPC expectations from Ajit Kabi, Research Analyst at LKP Securities Below the Quote on MPC expectations from Ajit Kabi, Research Analyst at LKP Securities   RBI Monetary Policy Expectations: Economic growth for FY24 may be revised upward: As per the first advanced estimate of MOSPI, the economy is likely to grow at 7.3% driven by strong investment growth (projected to grow by 10.3%). Industrial growth to expand by 7.9% in FY24 against 4.4% in the previous year. GST collection, E-way bills, and PMI data shows sign of healthy g...
Quote on MPC expectations from Ajit Kabi, Research Analyst at LKP Securities
Quote on MPC expectations from Ajit Kabi, Research Analyst at LKP Securities
Source: LKP Securities
2024-02-07 12:55:36 pm
Quote on today`s RBI`s New Valuation Rules for Bonds by Ajit Kabi, LKP Securities Below the Quote on today`s RBI`s New Valuation Rules for Bonds by Ajit Kabi, Banking analyst at LKP Securities"RBI has removed the cap on HTM bond investment by banks. Typically, Government bonds are categorized as HTM investments. Currently the investment limit is 19.5% of the bank's net deposit.The recent move will allow banks to invest more on Govt securities and state development bonds. The new norm is likely to reduce the earning volatility on banks because HTM bonds need not b...
Quote on today`s RBI`s New Valuation Rules for Bonds by Ajit Kabi, LKP Securities
Quote on today`s RBI`s New Valuation Rules for Bonds by Ajit Kabi, LKP Securities
Source: LKP Securities
2023-09-14 09:38:21am