Fri, December 13, 2024

[ Fri, Dec 13th 2024 ]: Business Line

Rekha Jhunjhunwala and RARE Enterprises-backed Inventurus Knowledge Solutions IPO enters Day 2

[ Fri, Dec 13th 2024 ]: Business Insider

Stock market today: Indexes end lower as tech slips and bond yields rise after PPI

[ Fri, Dec 13th 2024 ]: bnnbloomberg

HSBC Sent Stenn Into Administration Over Fears About Client List

[ Fri, Dec 13th 2024 ]: Forbes

Challenges And Opportunities Of Digital Transformation In US Law Firms

[ Fri, Dec 13th 2024 ]: Delaware County Daily Times

Today in Delaware County history, Dec. 13

[ Fri, Dec 13th 2024 ]: Moneyweb

GCR downgrades Sasfin Bank outlook, highlights regulatory risks

[ Fri, Dec 13th 2024 ]: Independent.ie

Bank of Ireland's app and online banking down as Christmas shopping reaches fever pitch

[ Fri, Dec 13th 2024 ]: Daily Express

Santander, Barclays, TSB and Halifax cut home loan rates ahead of Stamp Duty crunch

[ Fri, Dec 13th 2024 ]: The New York Times

What Is Venture Capital Now Anyway?

[ Fri, Dec 13th 2024 ]: China Briefing

China Expands Private Pension Scheme Nationwide Following Two-Year Pilot Program

[ Fri, Dec 13th 2024 ]: Seeking Alpha

Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends

[ Fri, Dec 13th 2024 ]: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex .. , Nifty below 24,400; metal stocks under pressure

[ Fri, Dec 13th 2024 ]: The New Zealand Herald

Gloriavale CEO says court backing BNZ to close accounts won't be end of the community

[ Fri, Dec 13th 2024 ]: Reuters

Exclusive: Aviva's India officials approved brokerage model queried by taxmen

[ Fri, Dec 13th 2024 ]: Business Recorder

Sri Lanka says Adani port project to continue despite US charges

[ Fri, Dec 13th 2024 ]: Mint

Bajaj Finance pivots to profitability with AI, scales back payments ambitions

[ Fri, Dec 13th 2024 ]: Yahoo Finance

Ahead of Trump's inauguration, Trump Organization expands its global business

[ Fri, Dec 13th 2024 ]: Business Standard

Life insurers adjust term premiums ahead of business end of financial year

[ Fri, Dec 13th 2024 ]: businesslive.co.za

Nedbank CIB backs DRDGold with R2bn for mining expansion

[ Fri, Dec 13th 2024 ]: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) December 13, 2024: Increase politeness in speech!

[ Fri, Dec 13th 2024 ]: moneycontrol.com

Personal Finance: Why the angst against SIP is futile

[ Fri, Dec 13th 2024 ]: Arabian Business

Major changes to UAE's VAT rules impact fund mana .. and virtual asset traders - All you need to know
Thu, December 12, 2024

[ Thu, Dec 12th 2024 ]: NDTV

3 Indians Shine On Forbes' 2024 World's Most Powerful Women List

[ Thu, Dec 12th 2024 ]: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex .. , Nifty tests 24,400; metal stocks under pressure

[ Thu, Dec 12th 2024 ]: The Boston Globe

Nearly half of US teens are online 'constantly,' Pew report finds

[ Thu, Dec 12th 2024 ]: Business Today

Stock recommendations by analyst for December 13: Mazagon Dock, Torrent Power and Tourism Finance

[ Thu, Dec 12th 2024 ]: Trinidad Express Newspapers

Mala Baliraj new chairperson at Energy Chamber

[ Thu, Dec 12th 2024 ]: The Daily Star

US lauds interim govt for qualitative changes in labour rights

[ Thu, Dec 12th 2024 ]: Drexel University

Faculty Highlights: Recent Awards and Grants

[ Thu, Dec 12th 2024 ]: The Hill

'Pop-up' super PAC raises eyebrows

[ Thu, Dec 12th 2024 ]: Business Wire

Slope Taps Marqeta to Power Buy Now, Pay Later Ca .. s And Marketplaces To Offer Flexible Loan Options

[ Thu, Dec 12th 2024 ]: moneycontrol.com

Trade Spotlight: How should you trade LTIMindtree .. HCL, Muthoot Finance, TTML, and others on Friday?

[ Thu, Dec 12th 2024 ]: Finance & Commerce

On the Market: Mid-century properties with potential

[ Thu, Dec 12th 2024 ]: Couriermail

'Doesn't have to be like that': Proof RBA has stuffed up interest rates

[ Thu, Dec 12th 2024 ]: Insider Monkey

How To Get A Crypto License in Lithuania - A Complete Guide

[ Thu, Dec 12th 2024 ]: The Motley Fool

Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year's End in 2025

[ Thu, Dec 12th 2024 ]: AOL

What Cruise's self-driving end means for Tesla and Waymo: Morning Brief

[ Thu, Dec 12th 2024 ]: CoinDesk

Did Crypto Cash Break the U.S. Elections?

[ Thu, Dec 12th 2024 ]: Reuters

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

[ Thu, Dec 12th 2024 ]: Los Angeles Times

The Failing Essence of American Democracy and the Need for Reform

[ Thu, Dec 12th 2024 ]: Business Standard

HSBC, IFC launch $1 bn trade finance programme for emerging markets

[ Thu, Dec 12th 2024 ]: birmingham.ac.uk

Navigating an ethical and sustainable path to a fairer world

[ Thu, Dec 12th 2024 ]: Seeking Alpha

2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables

[ Thu, Dec 12th 2024 ]: Kiplinger

A Checklist for Retiring in 2025

[ Thu, Dec 12th 2024 ]: Crain's New York

Police investigate NYC 'wanted' posters of finance executives

[ Thu, Dec 12th 2024 ]: Yahoo Finance

Five Companies Honored with 2025 Catalyst Award for Driving Representation and Inclusion for Women

[ Thu, Dec 12th 2024 ]: The Royal Gazette

Senators pass controversial changes to Pati laws

[ Thu, Dec 12th 2024 ]: MSN

Vincom Retail named among Forbes Vietnam's top 25 leading brands

UBS flags concerns over lenders; cuts targets on AU Small Finance Bank, Axis Bank, IndusInd Bank

UBS maintained a neutral call on IndusInd Bank, reducing its target price to Rs 1,150 per share from Rs 1,350. Similarly, it remained neutral on Axis Bank, but lowered its target to Rs 1,210 from Rs 1,250. AU Small Finance Bank also faced a target cut, with UBS revising it down to Rs 640 from Rs 750, while retaining its neutral rating.

UBS has expressed concerns about the Indian banking sector, particularly highlighting issues with asset quality and growth prospects. The financial services firm has downgraded its ratings on several banks including AU Small Finance Bank, Axis Bank, and IndusInd Bank. For AU Small Finance Bank, UBS reduced its target price from Rs 800 to Rs 720, citing concerns over potential asset quality deterioration due to the bank's exposure to unsecured loans. Axis Bank saw its target price cut from Rs 1,100 to Rs 1,000, with UBS pointing to slower growth in retail loans and higher credit costs. IndusInd Bank's target was lowered from Rs 1,500 to Rs 1,450, reflecting worries about its exposure to the commercial vehicle segment and the potential for increased credit costs. UBS's analysis suggests a cautious outlook on these banks due to macroeconomic uncertainties and sector-specific challenges.

Read the Full moneycontrol.com Article at:
https://www.moneycontrol.com/news/business/markets/ubs-flags-concerns-over-lenders-cuts-targets-on-au-small-finance-bank-axis-bank-indusind-bank-12889096.html