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

ETF has been generating better price return than bank FD

Return vs FD Rates

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

Entry Point

The list include HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Federal Bank

RBI draft proposals on aligning businesses may impact private banks

Securitisation volumes surge to Rs 60,000 crore in Q2FY25 with private banks leading, aiming for Rs 2.1 lakh crore in FY25.

Large ticket transactions by private banks lead securitisation volumes to hit ₹60,000 crore in Q2

Top private banks see higher deposit growth than credit, reversing a trend lasting over two years.

Top private banks’ Q2 biz updates see higher deposit growth than credit

Positive October seasonality ties together six F&O stocks—PFC, REC, Canara Bank, GMR Airports Infrastructure, Delta Corp, and TVS Motor Company—despite each experiencing declines of up to 15% in the past month. Historically, October has produced 10 winners in the F&O segment, with these stocks, along with MGFL, ICICI Bank, NMDC, and SAIL, achieving positive returns in October on eight or more occasions over the last decade.

PSU Bank stocks, auto stocks, bank stocks, private banks, power stocks

The weighted average lending rate (WALR) of private banks saw a decline of 15 basis points in August after the average rates had seen a rise of 18 basis points in June. For the same August period, public sector banks increased WALR by 5 basis points. The WALR on fresh loans was flat sequentially in August 2024, RBI data showed.

Private banks drop lending rates to beat market competition

Many private banks in India such as RBL Bank, SBM Bank India, and IndusInd Bank, are currently offering FD interest rates of over 8%

FDs for senior citizens: 12 private banks offer 8% and above interest rates

The Nifty Private Banks Index is approaching a critical juncture, with the level of 26325 acting as a key pivot

Nifty Private Bank eyes negative breakout soon; check support level, target

The Supreme Court’s rejection of Vodafone-Idea’s curative petition on adjusted gross revenues has made banks hesitant to lend to the company. With liabilities now significantly increased, lenders are reassessing their positions. Private banks are cautious, while public sector banks may require a corporate guarantee from the Aditya Birla Group.

Bankers do a rethink on loans to Vi after SC rejection of AGR dues plea

George Thomas, Equity Fund Manager at Quantum AMC, expects IT spending to improve, benefiting large-cap IT names. He also forecasts larger private banks to perform better due to better underwriting and improved liquidity. Thomas notes that while most sectors are fully valued, financials offer some room for growth. Expectations of market support from domestic funds remain positive.

Why Quantum AMC’s George Thomas prefers largecap IT and private banks

Adani Airport Holdings raises ₹19.5 billion through A+ rated bond issue, attracting mutual funds and private banks.

India’s Adani Group unit raises 19.5 billion rupees via bond issue, say bankers

Nitin Raheja from Julius Baer Wealth Advisors discusses the influx of IPOs in the Indian market, and these are bringing back FIIs. Raheja also highlights sectors like power and healthcare. He also touches on the performance of passenger vehicles and private banks, suggesting a positive outlook for the festival season and potential growth in these areas.

Good quality IPOs bringing FIIs back to India; power sector on a roll: Nitin Raheja

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