Pages

Pages

CRISIL EXPECTS 25% EARNING GROWTH IN Q3 FOR SOME BANKS

CRISIL'S EXPECTS THAT SOME INDIAN BANKS MAY POST 25 % EARNING GROWTH IN Q3-2010 DUE TO EARLY BASE RATES HIKE BEFORE THEY ACTUALLY SUFFERED HIGHER RATES. EARLY PASSING OF HIGHER RATES TO LOAN TAKERS MAY IMPROVE MARGINS SUBSTANTIALLY AND SO BANKS LIKE SBI, DENA BANK  MAY POST GOOD RESULTS IN Q3.IT SHOULD NOT BE FORGOT THAT THIS WILL BE A TEMPORARY EFFECT AND THE ADVANTAGE MAY SOON BE SUBDUED DUE TO HIGHER INTEREST RATED CREDIT THEY WILL OBTAIN.

www.surestocktips.blogspot.com