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 ETF Private Bank

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 Private Banks 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

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

At 11:00 am; Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services are trading almost flat, as against 0.58% rise in Nifty 50.

Rate sensitives’ display mixed trend after RBI hikes repo rate by 25 bps

Although exposures to the Adani Group are larger for public sector banks than for private banks, they are smaller than 1% of total loans for most banks: Moody’s

Banks’ exposure to Adani group not large enough to affect credit quality: rating agencies

Global brokerage firm BNP Paribas’ Kunal Vora sees the Budget as positive for infrastructure because of the large budgetary allocation, private banks for relative attractiveness of FDs and MFs and consumer durables on account of higher disposable income.

3C investing new mantra for stock pickers after Budget. Over 30 ideas from 6 brokerages

“Indian banking exposure is less than 40% of total group debt,” CLSA said in its report dated January 26. Within this, private banks exposure is below 10% of total group debt and most banks have indicated that they have largely financed assets with strong cash flows, such as airports/ports,” it said…

No significant risk to Indian banking system from Adani Group: CLSA

In India, the company claims to have a large customer base across national banks, state banks, private banks, and co-operatives with names like SBI, Axis Bank, and others

Hitachi Terminal Solutions to triple its ATM manufacturing capacity in India

Nine leading private banks grew their net profit at an average year-on-year growth rate of 37% in the third quarter.

CASA Struggle Marred An Otherwise Perfect Q3 For Private Banks

Healthy interest margins, credit offtake boost bottomline; provisions show subdued rise on better asset quality

Private banks post 31.7% YoY growth in Q3, net profit rises to Rs 35,166 cr

While the outflow saw foreign portfolio investors’ (FPIs) stake in large private banks come down, they increased their stake in small private lenders during this period

FPIs increase stake in small and midcap banks

Deposit accretion, corporate loans pick up pace

Private banks’ margins intact in Q3

A latest report by CLSA states that the share of public sector undertakings (PSU) and private banks in its funding mix has dropped while a greater part of the group’s funding now coming from bonds and from foreign banks

From where is Adani Group borrowing to fuel its growth?

There are only few banks that offer senior customers the best rates. Here is a quick comparison of PSU and private banks that offer senior citizen customers interest rates of 8% and above.

5 PSU, private banks offering more than 8% FD interest rate for senior citizens

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

Nifty Private Bank Index