Karur Vysya Bank - Improving Loan Growth Metrics, Asset Quality Parameters To Drive Rerating: HDFC Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..HDFC Securities Retail Research.With century long operating history and deep-rooted presence in the southern states, Karur Vysya Bank Ltd. has been able to build a granular and sticky retail franchise as well as a well-diversified advances portfolio across segments. After many years of distressed credit history and low profitability, the bank has been reporting improved numbers lately, which shows early signs of a turnaround in quality of earnings. The management has given healthy growth guidance for the current financial year. We are bullish on Indian banking sector as majority of the bad book clean-up has been done and there could be lower slippages and higher resolutions and recoveries in the coming quarters. Karur Vysya Bank with improved loan book quality, steady net interest margin trajectory, granular deposit franchise, adequate capitalisation and improving line of sight on lower credit costs looks promising..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime 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 author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Karur Vysya Bank - Improving Loan Growth Metrics, Asset Quality Parameters To Drive Rerating: HDFC Securities

Karur Vysya Bank - Improving Loan Growth Metrics, Asset Quality Parameters To Drive Rerating: HDFC Securities

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