Is it too early to call out a bull market peak?

While India’s broader markets havefulfilled the condition of entering a bull market from March 2023 lows, or even year-to-date ( YTD), the benchmark index NIFTY50 is up by only a modest  per cent, which in no way qualifies as a bull market frenzy and indicates rational behavior, noted a report by ICICI Securities.  “Going by… Continue reading Is it too early to call out a bull market peak?

After reaching peak, banking profitability to moderate on deposit challenge

With intense competition for deposits among Indian banks, the return on assets (ROAs) is expected to moderate from 1.1 per cent in FY23 to 0.8-1.0 per cent in 24-30 months, said a Mckinsey update on the banking sector. Peeyush Dalmia, senior partner, banking practice in India, Mckinsey, said while banking ROAs have been… Continue reading After reaching peak, banking profitability to moderate on deposit challenge

Banks’ profitability may have reached peak, set to fall: Mckinsey

Banks’ profitability may have reached its peak and is set to fall going ahead due to a slew of factors, global consultancy Mckinsey & Company said on Wednesday. The firm also said that the banking system is meeting less than a third of the credit demand for green finance, and recommended moves like… Continue reading Banks’ profitability may have reached peak, set to fall: Mckinsey

After Sequoia split, India’s Peak XV to hold CEOs meet for first time

By M. Sriram MUMBAI (Reuters) – India’s biggest VC firm Peak XV Partners has organised a meeting of its more than 200 investee companies next month, an email shows, a closed-door event some founders see as part of an effort to assuage concerns after its split from Sequoia Capital. Peak XV manages… Continue reading After Sequoia split, India’s Peak XV to hold CEOs meet for first time