By Quentin Webb and Shefali Anand Updated Nov. 22, 2021 7:27 am ET
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BY CHARLIE CAMPBELL / SINGAPORE
JANUARY 30, 2023 6:00 AM EST
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“In the current faltering economy, the bank is unlikely to increase its net interest margin and its fees to compensate for the expected higher credit costs and if it is unable to continue with its earlier strategy, shareholders should expect a decline in its profitability," Hazari wrote in a note
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector," said Hemindra Hazari, a banking
analyst in Mumbai
“Groups that are perceived as politically connected can still tap the banks for loans,” says Hemindra Hazari, a Mumbai-based banking analyst. “If you are any other highly stressed group, then it is difficult for you.”
By Andrée Schupp, in New DelhiPublished on
05/11/2022 at 18:00
AUNINDYO CHAKRAVARTY 20H 14M AGO OPINION5 min read 4.7k ENGAGEMENT
By the time Narenda Modi became Prime Minister of India, it was common knowledge that he was inheriting an economy riddled with bad-loans – loans that banks had given but were unlikely to be repaid. A wide range of numbers were...
