Current price is close to the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

Former Deputy RBI governor N.S Vishwanatha shares his thoughts on the new norms for private banks. 

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

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Former Dy RBI Governor NS Vishwanathan Shares His Views On The New Norms For Private Banks

No cap on promoters stake in private banks for first 5 years, 26% after 15 years: RBI panel

The cap on promoters’ stake for 15 years may be raised from the current levels of 15 per cent to 26 per cent of the paid-up voting equity share capital of the bank, says the central bank.

RBI accepts 21 of 33 recommendations of internal working group on private banks

An internal working group of RBI on the ownership and corporate structure of private sector banks has favoured allowing promoters to maintain any percentage of holding in the first five years.

RBI panel favours no cap on promoters stake in private banks for 1st 5 years

They favour the continuation of the extant stipulation on the 40 per cent holding for the first five years to ensure that the promoters maintain skin in the game and credibility of the control of the promoter group till the business is properly established and stabilised.

RBI panel for no cap on promoters stake in private banks for 1st 5 years, 26 pc after 15 years

The Reserve Bank of India has accepted 21 out of 33 recommendations on the ownership of private banks from the working group committee. The remaining proposals are under consideration.  An initial reading of the release by the central bank shows that it may consider putting in place a tighter, bank-like regulatory framework for larger NBFCs (Non-Banking Financial Company).


#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

RBI Accepts 21 Out Of 33 Recommendations Of Working Group On Ownership Of Pvt Banks | CNBC TV18

The key recommendations include that the cap on promoters’ stake in long run of 15 years will be raised from the current levels of 15 per cent to 26 per cent of the paid-up voting equity share capital of the bank

Private Bank Ownership: RBI Accepts Recommendations to Raise Cap on Promoter Stake to 26% in Private Banks from 15%

The Reserve Bank of India has accepted 21 out of 33 recommendations on the ownership of private banks from the working group committee. The remaining proposals are under consideration. An initial reading of the release by the central bank shows that it may consider putting in place a tighter, bank-like regulatory framework for larger NBFCs (Non-Banking Financial Company).

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

RBI Releases Recommendations Of Working Group On Ownership & Corporate Structure Of Private Banks

“Now, our aim is to provide the best possible digital landing with safe and quick processes,” Tamta said. He added that public sector banks like BoM are aiming to grow and compete with best private banks.

Indore: Tech advancement, tie-ups changing face of banking, says Bank of Maharashtra ED Tamta

Some private banks are instead opting for overseas markets for fundraising, given that interest rates are low. Recently, HDFC Bank and Axis Bank issued AT1 bonds in overseas markets – Axis Bank raised $600 million and HDFC Bank mopped up $1 billion.

Private banks refrain from issuing AT-1 bonds in domestic market

“It is like too much of a crystal ball gazing to say Paytm can actually disrupt the private banks. Paytm wants private banks to be their partners at best.”

Paytm is a great company but in the wrong country; it can’t disrupt banks: Digant Haria

ICICI Prudential Private Banks ETF objective is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank Index subject to tracking errors

ICICI Prudential Nifty Private Bank ETF

Average daily traded value of the ETF is high

ICICI Prudential Nifty Private Bank ETF

ICICI Prudential Nifty Private Bank ETF

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

News Video

Former Dy RBI Governor NS Vishwanathan Shares His Views On The New Norms For Private Banks

No cap on promoters stake in private banks for first 5 years, 26% after 15 years: RBI panel

RBI accepts 21 of 33 recommendations of internal working group on private banks

RBI panel favours no cap on promoters stake in private banks for 1st 5 years

RBI panel for no cap on promoters stake in private banks for 1st 5 years, 26 pc after 15 years

News Video

RBI Accepts 21 Out Of 33 Recommendations Of Working Group On Ownership Of Pvt Banks | CNBC TV18

Private Bank Ownership: RBI Accepts Recommendations to Raise Cap on Promoter Stake to 26% in Private Banks from 15%

News Video

RBI Releases Recommendations Of Working Group On Ownership & Corporate Structure Of Private Banks

Indore: Tech advancement, tie-ups changing face of banking, says Bank of Maharashtra ED Tamta

Private banks refrain from issuing AT-1 bonds in domestic market

ICICI Prudential Nifty Private Bank ETF

Return vs FD RatesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry PointHigh demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

News Video

Former Dy RBI Governor NS Vishwanathan Shares His Views On The New Norms For Private Banks

No cap on promoters stake in private banks for first 5 years, 26% after 15 years: RBI panel

RBI accepts 21 of 33 recommendations of internal working group on private banks

RBI panel favours no cap on promoters stake in private banks for 1st 5 years

RBI panel for no cap on promoters stake in private banks for 1st 5 years, 26 pc after 15 years

News Video

RBI Accepts 21 Out Of 33 Recommendations Of Working Group On Ownership Of Pvt Banks | CNBC TV18

Private Bank Ownership: RBI Accepts Recommendations to Raise Cap on Promoter Stake to 26% in Private Banks from 15%

News Video

RBI Releases Recommendations Of Working Group On Ownership & Corporate Structure Of Private Banks

Indore: Tech advancement, tie-ups changing face of banking, says Bank of Maharashtra ED Tamta

Private banks refrain from issuing AT-1 bonds in domestic market

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF