Posted by
kamal on Apr 20th, 2010 in
Banks,
Capital Goods,
Cement,
Company,
Consumer Goods,
Crude Oil,
Economy,
Electric Equipments,
FMCG,
Fundamental Analysis,
IT,
Indian stock market,
Industry,
Metal,
Natural Gas,
Oil & Gas,
PSUs,
Pharmaceuticals,
Power,
Telecom,
Textile |
0 comments
Bank Sector
Rating: Positive
In 3Q 2010, our coverage universe reported positive growth in Net interest income (NII) with decent growth in advances except ICICI Bank. Net interest margins has grown up on back of falling cost of deposit as banks have bolstered their CASA base. We continue to have bullish view on sector since IIP (Index of Industrial production) can surprise on upside which will ignite private capital...