Mumbai: Credit Suisse has sounded caution on reliability of reported profitability numbers by lenders due to high concentration of interest accrued component in bank’s net interest income. The report also said that reported share of moratorium loans dropped across private banks to 10-25% as of June 2020 versus 30-70% in April 2020. “The interest accrued […]Read More
NEW DELHI: Bharti Airtel is expected to report losses to the tune of Rs 400 crore in March quarter earnings due later on Monday. The impact of December quarter tariff hikes could not be fully seen in fourth quarter numbers due to the ongoing country-wide lockdown. Analysts said investors would want to see the impact […]Read More
The banking sector or financials in specific have been on the receiving finish of the slowdown and shadow recession which we’re observing in the economic system. There is worry that a new slew of NPAs are coming. There can be speak of potential forbearance for the sector. How are you analyzing the dangers in this […]Read More
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