Q.
Banks are having Huge amount of their loans as NPA's ,are we safe in investing at current level in Banks Stock.
Asked by harsh agarwal,
12 Jun '12 11:50 am
Earn 10 points for answering
Answers (7)
1.
This is happening world wide, but Indian bank profits are very strong. I would focus on banks like SBI, ICICI Bank, and top regional banks such as potentially Axis Bank. I would buy if book value below 1.5x and sell at book value above 3.5x. I recently checked ICICI and it was around 1.94x book. This is not terrible if you like the space.
Source: Tarun Agrawal
Answered by Tarun Agrawal, 18 Jun '12 04:16 am
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
The banking sector has been on a roll over the last couple of years, throwing up huge opportunities for wealth creation on the way....for more info please visit our website info@target4gains.com or call us on +91 74 11 64 26 64
Answered by prachi, 14 Jun '12 05:00 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
3.
Yes it is safer to invest now. Why?. With reducing interest rates the NPA will get rduced.
Source: www.smartverc.com
Answered by Smart Gains, 13 Jun '12 05:02 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
4.
Safe safe safe banks specilly govt midsized bank and bank of baroda very ggod in cum dividend case very attractive
Answered by kanaklata tewari, 13 Jun '12 08:09 am
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
5.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
6.
Then where will you put your money-Every field of investment in the present climate is dangerous.
Answered by radhakrishnan, 12 Jun '12 11:57 am
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
7.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received