BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Q2 FY22 will be characterised by an uptick in disbursements and collections with recovery in business activities.
Loan portfolio has witnessed gradual accretion all through Q2 FY22 with signs of improvement in pockets.
On a low base, banks have reported 4-6% QoQ loan growth and YoY growth momentum too has gained traction.
With collections/recoveries improving month-on-month, we expect forward flows into delinquency buckets to be restricted.
Unwinding of stress and upgrades into standard bucket will be higher for non bankings compared to banks.
Despite gradual moderation from Q1 FY22 base, stress pool (including stage-II and restructuring) will still be elevated.
With respect to corporate credit, recovery from Dewan Housing Finance Corporation Ltd, and stress recognition for SREI will keep trend volatile across banks.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR