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muralimohan001
Senior Member
Joined: 22/Sep/2006
Location: United States
Online Status: Offline
Posts: 217
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 Posted: 23/Dec/2007 at 12:36pm |
Value(Public banks) vs Growth(Private banks)
Edited by muralimohan001 - 23/Dec/2007 at 12:39pm
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If money is your hope for independence, you will never have it. The
only real security that a man can have in this world is a reserve of
knowledge, experience and ability.
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CHINKI
Senior Member
Joined: 07/Feb/2007
Location: India
Online Status: Offline
Posts: 2827
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 Posted: 23/Dec/2007 at 8:01am |
Muraliji, link is not working. Can you please check??
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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muralimohan001
Senior Member
Joined: 22/Sep/2006
Location: United States
Online Status: Offline
Posts: 217
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 Posted: 23/Dec/2007 at 8:09am |
Chinki ji,
It is working but the page is getting loaded SLOWLY.
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If money is your hope for independence, you will never have it. The
only real security that a man can have in this world is a reserve of
knowledge, experience and ability.
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gcpradhan1
Senior Member
Joined: 03/Jul/2007
Location: India
Online Status: Offline
Posts: 570
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 Posted: 25/Dec/2007 at 6:43am |
What Basant Jee told few days back is now officially reported by Hindu also;
New private sector banks growing faster than the industry
The country’s newly licensed private sector banks’ business has, in recent years, grown nearly twice (1.75 times) as fast as that of the banking industry as a whole. This is revealed by an analysis of the data from the RBI publication (Trends and Progress of Banking in India) on deposits and advances mobilised by the industry between 2001-02 and 2006-07.
Source:http://www.thehindubusinessline.com/2007/12/26/stories/2007122651450100.htm
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years - Buffet
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 25/Dec/2007 at 7:24am |
Originally posted by gcpradhan1
What Basant Jee told few days back is now officially reported by Hindu also;
New private sector banks growing faster than the industry
The countrys newly licensed private sector banks business has, in recent years, grown nearly twice (1.75 times) as fast as that of the banking industry as a whole. This is revealed by an analysis of the data from the RBI publication (Trends and Progress of Banking in India) on deposits and advances mobilised by the industry between 2001-02 and 2006-07.
Source:http://www.thehindubusinessline.com/2007/12/26/stories/2007122651450100.htm
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Thanks, I remain convinced that pvt sector banks are in a multi year bull phase and should severely affect thewir PSU cousins in the next decade.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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chic_1978
Senior Member
Joined: 10/Aug/2006
Location: India
Online Status: Offline
Posts: 690
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 Posted: 31/Dec/2007 at 6:06pm |
Basantjee & others members
ne one tracking "FSL" FIRSTSOURCE SOLUTIONS & INDUSIND BANK.
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happy & wise investing
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Buffet
Newbie
Joined: 01/Nov/2007
Location: India
Online Status: Offline
Posts: 36
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 Posted: 31/Dec/2007 at 7:44pm |
No idea about FSL. Indusind is a good example of poor management and vision inspite of being an early bird in new pvt banks. Atleast it did not do gross mis-conducts like GTB, so it survived.
Merger of ALF did not help it either. It failed to convert the ALF offices into fully functional branches quickly ending up with a bunch of unproductive employees. Securitisation rules affected the anticipated benefits of merger. It continues to be burdened with lower number of CASA (<15%), less penetration into wholesale and corporate banking, high NPAs and stagnant branch network. It also failed to increase the share of non-interest income like other pvt sector banks.
Finally it ended up like a "old pvt sector bank" in the new era, unable to compete with the leaner and quicker ones.
Hope they will realize this and turn around soon...
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BGKGURU
Senior Member
Joined: 28/Nov/2007
Location: India
Online Status: Offline
Posts: 635
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 Posted: 31/Dec/2007 at 11:36am |
after change of guard, i hope it will compete with new pvt banks
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