Indian Banks: 1HFY18 Review and 2018 Outlook

Sandra Chow, CFA    Ang Ben You, David Marshall
10 Jan 2018
Categories: Industry/Sector Analysis, Fundamental Analysis, Fixed Income, Financial Analysis

Country or region: India

Indian banks reported lower annualized aggregate profitability in 1HFY18 due to weaker net interest revenues and higher provisions related to RBI's two lists of accounts which are slated for insolvency resolution. The government's INR 2.1 tn recapitalization package is a game changer and has largely removed the capital uncertainty banks have ......

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