12 September 2014

BANKS- India report for Sep 11 :: Kotak Sec, PDF link

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Sector
Banks/Financial Institutions: Low loan sanctions indicate challenging revenue
outlook
` 32% yoy decline in loan sanctions in FY2014
` Power, metals account for about half the sanctions; revival in investments in
the textile segment
` Loan growth 11% yoy as of August 2014; repayment cycle appears to have
kicked in, as well
` NIM to come under pressure; higher impact on private banks



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LINK
http://www.kotaksecurities.com/pdf/indiadaily/indiadaily11092014up.pdf

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