Vrajlal Thakker & CO.

26/08/2019

From vrajlal thakker & Family🌷🙇‍♂️

23/03/2016

11/02/2016

A bank analyst recently joked that PNB's market cap = 9M slippages = 18K crore.

Crazy! Looks like the UPA2 mess, which first Chidambaram and now Modi is trying to clean up, will take a lot more time.

The fiscal deficit mess has been largely sorted thanks to Oil and Modi cutting down heavily on wasteful non-plan expenditures. So, we'll hopefully see some new inter-state roads and infra.

But the big mess around private capex remains, despite a steep growth in FDI. Global weakness aside, the domestic sector ails from bad bank balance sheet.

The potential size of crony capitalism in bank lending is disappointing. Public sector bank bad debts grew from $3bn in 2012end to $10bn in 2014end.

What a waste of possible opportunities and tax-payers money!!

04/01/2016

Circuit breakers were triggered on Shanghai & Shenzhen exchanges as CSI 300 fell 5% initially and then fell 7% to close for the day.

Stocks fell as manufacturing contracted for a fifth straight month and investors anticipated the end of a ban on share sales by major stakeholders.

Under a new mechanism which is effective today, a move of 5% in the CSI 300 triggers a 15-minute halt for stocks, options and index futures, while a move of 7 percent close the market for the rest of the day.

The trigger seems to be China Caixin Manufacturing PMI for December which was lower than expectations at 48.2 as operating conditions faced by Chinese goods producers continued to deteriorate in December.

Production declined for the seventh time in the past eight months and data suggested that client demand was weak both at home and abroad, with new export business falling for the first time in three months in December.

Manufacturers continued to trim their staff numbers and reduce their purchasing activity in line with lower production requirements. Meanwhile, deflationary pressures persisted, as highlighted by further marked declines in both input costs and selling prices.

15/10/2015

https://m.facebook.com/story.php?story_fbid=1730957583794655&id=100006412900215

01/10/2015

Most welcome

24/08/2015

20/08/2015

LIST OF INDIAN BANKS WITH THEIR GLOBAL RANK THIS YEAR (RANK FOR LAST YEAR)
1. World Rank 59 (64) - State Bank of India
2. World Rank 100(121) - ICICI Bank Ltd
3. World Rank 125(168) - HDFC Bank Ltd
4. World Rank 163(181) - Axis Bank Ltd
5. World Rank 172(187) - Bank of Baroda
6. World Rank 174(190) - Punjab National Bank
7. World Rank 208(223) - Bank of India
8. World Rank 228(226) - Canara Bank
9. World Rank 246(265) - IDBI Bank Ltd
10. World Rank 277(303) - Kotak Mahindra Bank Ltd
11. World Rank 304(313) - Union Bank of India
12. World Rank 342(330) - Central Bank of India
13. World Rank 367(366) - Indian Overseas Bank
14. World Rank 374(380) - Oriental Bank of Commerce
15. World Rank 399(425) - Indian Bank
16. World Rank 402(437) - Syndicate Bank
17. World Rank 415(553) - Yes Bank Ltd
18. World Rank 417(442) - Allahabad Bank
19. World Rank 430(470) - UCO Bank
20. World Rank 433(449) - Corporation Bank
21. World Rank 468(511) - IndusInd Bank Ltd
22. World Rank 471(501) - Andhra Bank
23. World Rank 540(619) - Bank of Maharastra
24. World Rank 558(583) - Federal Bank Ltd
25. World Rank 612(669) - Vijaya Bank
26. World Rank 671(644) - Dena Bank
27. World Rank 674(674)- Jammu & Kashmir Bank Ltd
28. World Rank 716(812) - United Bank of India
29. World Rank 737(720) - Punjab and Sind Bank
30. World Rank 779(888) - Karur Vysya Bank Ltd
31. World Rank 883(913) - Karnataka Bank Ltd
32. World Rank 890(907) - South Indian Bank Ltd.