City Union Bank Ltd - Yet Another Muted Quarter; Growth Recovery Delayed!
CUB reported a disappointing set of numbers. Advances growth was slower than expected at 2/1% YoY/QoQ and continued to lag industry/peer growth.
401 Views
Leveraged Financials: Emerging Long-Tail Risks in Unsecured Credit
India’s heterogenous unsecured retail credit market (US$160bn, 3-year CAGR at ~23%) has been in the headlines ever since the RBI clamped down on...
454 Views
2024 High Conviction Idea: IDFCBK IN: Best-In-Class Midsize Bank in India; Long-Term Performance
Outlook on IDFC First Bank's profitability and market valuation is moving towards the top quadrant consisting of the best banking peers in India,...
671 Views
City Union Bank - FY24 Guidance Maintained Despite a Sluggish H1FY24!
CUB reported a mixed set of numbers. Credit growth continues to lag industry and peer growth and stood at 2/3% YoY/QoQ. NII de-grew by 5% YoY and...
282 Views
BFSI Q2FY24 Earnings Preview
The systemic credit growth (as reported till 22nd Sep’23) of ~20% YoY factoring in the HDFC-HDFC Bank merger (~15.3% YoY ex-HDFC) continues to...
463 Views