BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Unlocking of the economy, revival in operations to 80-85% of pre Covid-19 level, prudent restructuring norms by the Reserve Bank of India were highlights of the quarter.
Improvement in repayment trend has reduced moratorium book for most lenders from approximately 30% to approximately 9% by July end and further lower by August 2020 as moratorium ends.
Standstill classification continued till September as Supreme Court hears the compounding interest waiver case.
Clarity on extent of restructuring will stay in focus rather than headline non-performing asset numbers and quarterly earnings.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
