F&O expiry: Indices gain for 5th day, Nifty above 11,550; DLF advances 10%

All that happened in the markets today

12:45 PM

BS BFSI | There will be an uptick in NPAs, but it won't be disastrous, says Aditya Puri of HDFC Bank

12:43 PM

BS BFSI | Aviation, entertainment, fine-dining and hospitality sector look the most vulnerable, says Kumar of SBI

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)	VALUE (rs CR)
SPICEJET	52.35	52.70	52.10	0.05	0.10	0.81
MFL INDIA	0.20	0.20	0.19	0.00	0.00	0.00
INTERGLOBE AVIAT	1177.85	1190.00	1169.65	2.80	0.24	3.37
JET AIRWAYS	29.70	30.00	29.00	0.10	0.34	0.08

12:40 PM

BS BFSI | Q1 quarter was the most impacted qtr by Covid but situation has improved since June, says SBI chairman Rajnish Kumar

12:33 PM

MARKET CHECK

12:33 PM

BS BFSI | RBI may consider pushing back Basel-III capital norm deadline as banks need capital, says Rajkiran Rai of UBI

12:29 PM

BS BFSI | RBI has been a star through this crisis, says Ashu Khullar of Citi India

12:26 PM

BS BFSI | No reluctance from bankers to lend to MSMEs, says Rajkiran Rai of UBI

>> Giving them money will only keep them alive, helping them to pay us back, says Vaidyanathan of IDFC First Bank

12:23 PM

BS BFSI | Gold loan segment is seeing high growth. It’s a big market: V Vaidyanathan, CEO, IDFC First Bank

12:23 PM

BS BFSI | There is a lot of uncertainty w.r.t Covid-19 and related provisioning, says Rajkiran Rao of UBI

>> As resolution happens and NCLT becomes active, write backs might happen on the bad loans

>> We have sufficient operating profits to go towards provisions for existing and some Covid-19 related bad loans

>> If NPAs from Covid-19 go beyond a certain limit, we might have to re-look

12:20 PM

BS BFSI | While we are going digital, customers still expect some part of banking to remain physical, says Amitabh Chaudhry, CEO of Axis Bank

12:16 PM

BS BFSI | A savings/deposit rate of below 3% is an alarming situation in a country like India, says SS Mallikarjuna of PNB

12:14 PM

BS BFSI | We are a high inflation country leading to negative real interest rates right now, says Rajkiran Rai of UBI

>> This will not attract savers in the banking system

>> We are all sitting on surplus as we have to cut deposit rates due to cut in lending rates

12:11 PM

BS BFSI | There is no risk aversion. There is a requirement of standards to be properly worked out in terms of credit underwriting: Mallikarjuna Rao, CEO, Punjab National Bank

12:06 PM

BS BFSI | If you see the number of sanctions, it has not gone down. It is the utilisation that has gone down, says Rajkiran Rao, Union Bank of India

12:06 PM

BS BFSI | While we had expected a washed-out growth, we have seen situation improving in the last couple of months: Vaidyanathan of IDFC First Bank

>> 10-15% growth is expected in retail book

>> It's an upgrade from our own estimate