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Convergence of High Interest Rates

No Comments Sub Category:Uncategorized Posted On: Sep 15, 2011
Rise in High interest is affecting the bond prices and also violating the stock market, resulting in the stocks of the banks valuation down by five years. The biggest private sector banks such as Axis Bank, ICICI, Kotak and YES Bank have proposed the customers to quote the price of the book value in concern with the previous years average. The banking stocks saw a drastic fall in the year 2008.Though it was a marginal fall the rates of the loans soon took up a major rising in the year 2011. Banking stocks has been assigned to decide the factor of market value.
Banks that were providing high bad loans coverage have now been reduced including the nationalized banks.
The prevailing bank stocks have gained a better firm though slight corrections are expected from the banking sectors over prevailing current valuations. Systematic investment plan is the best way to start check over the bank stocks. The investors can consider stocks of state-run banks which are yet to be valued.

Source: The Economic Times

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