buying stocks online

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buying stocks online

Post by Admin on Mon Mar 20, 2017 10:09 pm

share market online Established in 1924 at Mangalore, Karnataka Bank (KBL) is a leading Scheduled Commercial Bank in India. The bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank grew with the merger of Sringeri Sharada Bank Ltd., Chitradurga Bank Ltd. and Bank of Karnataka. In 9 decades of its presence KBL has built a network of 738 branches spread across 21 states and 2 Union Territories. It has forayed into General Insurance business as a JV partner in Universal Sompo General Insurance with a 15% stake Investment Rationale:  Accelerated branch addition  Increasing share of CASA deposits  Retail portfolio and MSE segment to drive growth  NIMs should expand gradually from current levels  Asset quality likely to improve Concerns:  High geographic concentration  Competitive intensity in its retail foray  Deterioration asset quality  Lower C/D ratios pulling down RoA  High treasury profits seen in 9MFY17 may not continue 40299

http://www.purchasesharesonline.com

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