News
HDFC Bank cuts base rate by 20 bps
www.dnaindia.com
[Daily News & Analysis] - It is a decision taken after taking margins into account,” said Vaibhav Agarwal, vice-president - research, Angel Broking. With this, HDFC Bank has become the first to cut lending rates after RBI's mid-quarter review of monetary policy earlier this
Google News: Fitch goes negative on Indian banks
[Financial Times (blog)] - And while Indian banks are no stranger to asset quality problems, Vaibhav Agarwal, of Angel Broking, said they should be able to weather this storm. The Indian economy, on the other hand… Related reading: Fitch downgrades outlook for India
Banking sector funds top monthly performance chart
articles.economictimes.indiatimes.com
[Economic Times] - Attractive valuations of these stocks was another reason behind investor interest in banking stocks," says Vaibhav Agarwal, analyst - banking, Angel Broking. Over last one month, Kotak PSU Bank ETF and Goldman Sachs PSU Bank Bees have delivered
Macquarie, HDFC at war over accounting practices
business-standard.com
[Business Standard] - Vaibhav Agarwal, banking analyst at Angel Broking, says: “We have a 'neutral' rating on HDFC due to higher valuations. We believe there are no catalysts for its growth.” Adarsh Parasrampuria, analyst at Prabhudas Lilladher, said: “These things on
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