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

DSP Nifty Private Bank ETF aims to track the performance of the Nifty Private Bank Index, focusing on equity of private sector banks.

DSP Nifty Private Bank ETF

HDFC Nifty Private Bank ETF objective is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY Private Bank Index, subject to tracking errors

HDFC Nifty Private Bank ETF

SBI ETF Private Bank objective is to provide return that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

SBI Nifty Private Bank ETF

The objective of Tata Nifty Private Bank Exchange Traded Fund is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank index subject to tracking errors

Tata Nifty Private Bank Exchange Traded Fund

Nilesh Shah of Kotak AMC discusses the potential effects of RBI’s liquidity coverage ratio guidelines on banks’ profitability and the challenges posed by deposit competition. He also examines government and private sector capex trends, noting possible shortfalls in state investments. Additionally, Shah provides insights into the power sector, predicting shortages and investment opportunities.

Can we expect a big recovery in largecap private banks soon? Nilesh Shah answers

Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting

Bank Nifty index up 0.4%, private banks outperforming public sector peers, futures trading at 50,970, resistance at 51,000.

Bank Nifty Prediction today – Sep 9, 2024: Index facing a strong barrier, go short

There is an implicit protection to private banks. They get bailed out by the State, with the taxpayer picking up the tab

The moral hazard in banking

Rakesh Arora of Go India Advisors explains the shift from PSU banks to private banks due to the maturing banking cycles and better management. He highlights the role of solid fundamentals and macroeconomic improvements in driving market growth, while also noting positive trends in domestic-focused sectors and the pharma industry.

Shift from PSUs to private banks has started and should continue for next few months: Rakesh Arora

Nifty Bank has underperformed Nifty50 and other sectoral peers over the past year, with private banks lagging due to valuation concerns. Despite some strong loan growth and solid capital adequacy ratios, rising deposit costs and moderation in net interest margins pose challenges. Experts remain cautious about the sector’s near-term outlook.

Nifty Bank underperforms Nifty50, most sectoral peers. Should you still bet on financials?

On September 2, Congress leader Pawan Khera attacked Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch over irregularities and alleged that she was drawing salary from not just the government but also private banks ICICI Bank and ICICI Prudential. In a press conference, he further alleged that several probes on ICICI Bank were adjudicated while Buch was receiving such income. Khera urged the SEBI chief to come out and issue a clarification on the row. While taking a jibe at Buch, Congress spokesperson said that reports suggest the SEBI chief relaxed norms for ICICI Bank.He also attacked PM Modi and HM Amit Shah and said, ‘The role of SEBI is to regulate the share market where we all invest our money. Who appoints the chairperson of SEBI? This is the Appointments Committee of the Cabinet, Prime Minister and Union Home Minister Amit Shah. This committee has two members for appointing the chairperson of SEBI...’.

Congress’ Pawan Khera slams SEBI Chief Madhabi Puri over alleged dual salary from Govt & ICICI Bank

Nilesh Shah of Kotak AMC advises focusing on quality over momentum in stocks and advocates for high-floating stocks and diversified ownership shares. He emphasizes the current reasonable valuations in the IT and FMCG sectors while suggesting a wait-and-watch approach for private banks and chemicals. He cautions against overpaying for small-cap stocks driven by market froth.

IT & FMCG offer good value now; bide your time in pvt banks, chemicals: Nilesh Shah

The brokerage prefers Muthoot Finance first in NBFC space due to its strong customer retention and acquisition initiatives, entry into new segments and growth based on internal accruals.

Banks, NBFCs Q1 Results Review - Prefer Well Capitalised Private Banks; Remain Selective On PSBs: Nirmal Bang

Rajiv Batra from JPMorgan discusses the robust performance of Indian equity markets and the current trend of sectoral rotation among investors. He notes the shift towards private banks, IT, and FMCG stocks. Batra advises considering rural demand growth over premiumisation and long-term investments in selective PSU stocks due to government initiatives.

Sectoral churns to continue till Nov-Dec; still overweight on FMCG, underweight on IT: Rajiv Batra

RBL Bank Ltd is quoting at Rs 231.59, up 1.53% on the day as on 12:44 IST on the NSE. The stock is up 0.6% in last one year as compared to a 27.67% gain in NIFTY and a 10.71% gain in the Nifty Private Bank.

RBL Bank Ltd gains for fifth session

Nifty Private Bank Index is designed to reflect the performance of the banks from private sector.

Nifty Private Bank Index