🏦Profits grow at 18.2%
🏦Asset quality remains stable with credit costs at 1.65% for the quarter
🏦CAR at 18.8%
🏦Gross NPAs at 1.32% vs 1.38%
🏦HDB Financial returns to profits
🏦Watching carefully on how the second wave will turn out
(2/24)
From HDFC Bank to Kotak to Bajaj Finance to Canara Bank!
How did lenders perform in Q4FY21?🤔
A thread🧵on the Banking/NBFC results
Hit "Retweet" to educate maximum Investors
Lets go👇
(1/24)
🏦Profits grow at 18.2%
🏦Asset quality remains stable with credit costs at 1.65% for the quarter
🏦CAR at 18.8%
🏦Gross NPAs at 1.32% vs 1.38%
🏦HDB Financial returns to profits
🏦Watching carefully on how the second wave will turn out
(2/24)
🏦Operating profit grows at 20%
🏦Covid-19 provisions increased by 1000cr to 7475cr
🏦Deposits grow by 21%
🏦Net NPA declines to 1.14%
🏦Capital Adequacy at 18.06%
🏦Retail loan growth at 20%
🏦Corporate loan growth at 13%
🏦Dividend-Rs 2/share
(3/24)
🏦Disbursements decline 13%
🏦Loan loss provisions at 1.4%
🏦Profits up 29%
🏦Positive on Auto financing
(4/24)
🏦Loan disbursements grow 60%
🏦Month of March had highest ever disbursements
🏦Gross NPAs at 1.98%
🏦Individual loan NPAs at 0.99%
🏦Non-Individual Loan NPAs at 4.77%
🏦Dividend of Rs 23/share
🏦PAT grows by 19%
(5/24)
🏦Interest income remains flat
🏦AUM rises marginally to 152,947cr
🏦Loan loss provision was 1231cr
🏦Writes off 1530cr
🏦PCR at 58%
🏦Gross NPAs at 1.79%
🏦Dividend of Rs 10/share
(6/24)
🏦Loan growth at 12%
🏦Retail growth at 11%
🏦Corporate growth at 16%
🏦Slippages at 5285cr
🏦PCR at 72%
🏦Gross NPAs at 3.70%
🏦Restructured assets at 0.3%
(7/24)
🏦47% growth in disbursement
🏦Cost of funds reduces to 6.83%
🏦Gross NPAs at 4.3%
🏦Deposits grow by 38%
(8/24)
🏦Disbursements increase by 44%
🏦Gross NPAs at 0.91%
🏦Loan book grows to 22,105cr
🏦Average Loan book size at 20 lakhs
(9/24)
🏦Advances grow 17%
🏦Collection efficiency now below 90%
🏦Writes off 171cr of micro loans
🏦Provisions at 375 cr
🏦Gross NPAs at 3.56%
(10/24)
🏦Assets grow by 18%
🏦Deposits grow by 27%
🏦Gross NPAs at 2.67%
🏦PCR at 75%
🏦Carries provisions of 8492cr
(11/24)
🏦Loan book grows at 1.8%
🏦Unsecured retail assets de-grow as a % of book
🏦Gross NPAs at 3.25%
🏦SMA-2 book at 0.05%
🏦435cr of loans restructured
🏦Holds 7021cr of COVID-19 provisions
(12/24)
🏦Retail Advances grow by 13%
🏦Wholesale loans degrow by 12%
🏦Deposits grow by 26%
🏦Gross NPA at 4.34%
🏦PCR at 72.2%
🏦1439cr of loan written off
🏦1.41% of loans restructured.
(13/24)
🏦Deposits grow 36.6%
🏦Loan portfolio grows at 21.2%
🏦GNPA at 6.8%
🏦Restructured loans worth 617cr
🏦Collection efficiency in Assam and Bengal remain affected
🏦Dividend of Rs 1/share
(14/24)
🏛 Huge growth in gold loans as a % of total: 40% of book (high concentration)
🏛 Interest income up 27% | Asset quality weaker QoQ due to high slippages
🏛 Deposit growth at 21% | CAR at 21%
🏛 52% bank’s business comes from Kerala
(15/24)
🏦All time high disbursals with 26% growth
🏦Microloans up 44%
🏦2 wheeler loans up 14%
🏦Farm Equipment loans up 40%
🏦Additional provision of 1003cr for COVID-19
🏦Stage 3 book at 1.57%
(16/24)
🏦AUM grows by 21%
🏦Stage 3 assets increase to 0.98%
🏦No dividend declared
🏦81% Term Loans make up the borrowing profile
(17/24)
🏦Loan grows 2% YoY
🏦Deposit degrows 2% (surprising)
🏦Gross NPA doubles to 4%, PCR at 62%
🏦CAR at 20%
(18/24)
🏛 Loans grew 7% QoQ & 10% YoY (26% YoY growth in retail & wholesale down 14%)
🏛 Deposits up 43% | CASA 52% | Reduced SA rates to 4-5% in May
🏛 4% GNPA | 56% PCR | 100%+ pre Covid collection efficiency in Q4
(19/24)
🏦Advances grow by 9%
🏦Restructuring at 1409cr
🏦Collection efficiency at 95%
🏦Slippages at 1685cr
🏦Gross NPA at 3.41%
(20/24)
🏦Advance grow at 1.14%
🏦Deposits grow at 3.89%
🏦Slippages at 4428cr
🏦SMA-0/1/2 at 22,938cr
🏦TIER-1 Capital Adequacy at 9.54%
(21/24)
🏦Advance up 7%
🏦Deposits up 20%
🏦Collection efficiency falls to 89% in April
🏦6.8% book restructured
🏦Gross NPA at 7.1%
🏦14.9% portfolio at risk
(22/24)
More from Aditya Shah
What to do when u first save money?❓
Do u straight away invest in equities/shares?🤔
A simple thread🧵explaning how u can systematically create a structured portfolio on ur own.
Hit "Retweet" to educate maximum retail/small investors
Lets go👇
(1/14)
Step No 1.-
Golden Rule of Finance-
Expenses=Income-Saving
🧪In the starting years as an investor save as much as u can.
🧪Cut down as much as u can on discretionary spending.
🧪Initial years are tough as capital comes in slowly and seeds for compounding are being laid
(2/14)
Step No 2:-
Buy a health insurance:-
Health insurance will protect your portfolio against undue shocks of unforeseen hospitalization
A detailed review of how to buy health insurance is
Step No 3:-
Buy a Life Insurance(If required):-
Evaluate the need for life insurance.
If need be buy a term plan.
A detailed review of how to buy life insurance is
Step 4:-
Evaluate ur life goals
Goals can be:-
🧪Retirement
🧪Buying a house
🧪Child's Marriage
🧪Child's Education
Evaluate the year in which the goal will be achieved with the amount of estimated amount
(5/14)
Do u straight away invest in equities/shares?🤔
A simple thread🧵explaning how u can systematically create a structured portfolio on ur own.
Hit "Retweet" to educate maximum retail/small investors
Lets go👇
(1/14)
Step No 1.-
Golden Rule of Finance-
Expenses=Income-Saving
🧪In the starting years as an investor save as much as u can.
🧪Cut down as much as u can on discretionary spending.
🧪Initial years are tough as capital comes in slowly and seeds for compounding are being laid
(2/14)
Step No 2:-
Buy a health insurance:-
Health insurance will protect your portfolio against undue shocks of unforeseen hospitalization
A detailed review of how to buy health insurance is
As part of financial planning
— JST Investments (@JstInvestments) December 24, 2020
A thread on health insurance
What is health insurance?
Health insurance is a insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines etc.
1/
Step No 3:-
Buy a Life Insurance(If required):-
Evaluate the need for life insurance.
If need be buy a term plan.
A detailed review of how to buy life insurance is
Term Plan or a ULIP or a endowment plan?\U0001f914
— JST Investments (@JstInvestments) April 5, 2021
Life Insurance simplified:
Do 're-tweet' & help us educate more investors
A Thread \U0001f9f5\U0001f447
(1/15)
Step 4:-
Evaluate ur life goals
Goals can be:-
🧪Retirement
🧪Buying a house
🧪Child's Marriage
🧪Child's Education
Evaluate the year in which the goal will be achieved with the amount of estimated amount
(5/14)
More from Stockslearnings
This is so useful. Thank you @heartwon 🙏
On this auspicious day of #GuruPoornima2020
— \u03b1\u043c\u03b9\u0442\u0442 \u0455\u03b1\u03b9\u03b7\u03b9 \U0001f1ee\U0001f1f3 (@heartwon) July 5, 2020
Would like to present a simple yet effective way of understanding and following the TREND of the instrument/stock.
Q: Why I came up with the concept?
A: I wanted to remove noise, keep my chart simple where just a glance, tells the story
You May Also Like
I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
As someone\u2019s who\u2019s read the book, this review strikes me as tremendously unfair. It mostly faults Adler for not writing the book the reviewer wishes he had! https://t.co/pqpt5Ziivj
— Teresa M. Bejan (@tmbejan) January 12, 2021
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
THREAD: 12 Things Everyone Should Know About IQ
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
The first area to focus on is diversity. This has become a dogma in the tech world, and despite the fact that tech is one of the most meritocratic industries in the world, there are constant efforts to promote diversity at the expense of fairness, merit and competency. Examples:
USC's Interactive Media & Games Division cancels all-star panel that included top-tier game developers who were invited to share their experiences with students. Why? Because there were no women on the
ElectronConf is a conf which chooses presenters based on blind auditions; the identity, gender, and race of the speaker is not known to the selection team. The results of that merit-based approach was an all-male panel. So they cancelled the conference.
Apple's head of diversity (a black woman) got in trouble for promoting a vision of diversity that is at odds with contemporary progressive dogma. (She left the company shortly after this
Also in the name of diversity, there is unabashed discrimination against men (especially white men) in tech, in both hiring policies and in other arenas. One such example is this, a developer workshop that specifically excluded men: https://t.co/N0SkH4hR35
USC's Interactive Media & Games Division cancels all-star panel that included top-tier game developers who were invited to share their experiences with students. Why? Because there were no women on the
ElectronConf is a conf which chooses presenters based on blind auditions; the identity, gender, and race of the speaker is not known to the selection team. The results of that merit-based approach was an all-male panel. So they cancelled the conference.
Apple's head of diversity (a black woman) got in trouble for promoting a vision of diversity that is at odds with contemporary progressive dogma. (She left the company shortly after this
Also in the name of diversity, there is unabashed discrimination against men (especially white men) in tech, in both hiring policies and in other arenas. One such example is this, a developer workshop that specifically excluded men: https://t.co/N0SkH4hR35
1/12
RT-PCR corona (test) scam
Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as
2/12
It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as
3/12
The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu
4/12
Even asymptomatic, previously called healthy, people are tested (en masse) in this way, although there is no epidemiologically relevant asymptomatic transmission. This means that even healthy people are declared as COVID
5/12
Deaths within 28 days after a positive RT-PCR test from whatever cause are designated as deaths WITH COVID. This means that other causes of death are reclassified as
RT-PCR corona (test) scam
Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as
4/10
— Dr. Thomas Binder, MD (@Thomas_Binder) October 22, 2020
...indication, first of all that testing for a (single) respiratory virus is done outside of surveillance systems or need for specific therapy, but even so the lack of consideration of Ct, symptoms and clinical findings when interpreting its result. https://t.co/gHH6kwRdZG
2/12
It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as
6/10
— Dr. Thomas Binder, MD (@Thomas_Binder) October 22, 2020
The neither validated nor standardised hypersensitive RT-PCR test / Ct 35-45 for SARS-CoV-2 is abused to mislabel (also) other diseases, especially influenza, as COVID-19.https://t.co/AkFIfTCTkS
3/12
The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu
External peer review of the RTPCR test to detect SARS-CoV-2 reveals 10 major scientific flaws at the molecular and methodological level: consequences for false positive results.https://t.co/mbNY8bdw1p pic.twitter.com/OQBD4grMth
— Dr. Thomas Binder, MD (@Thomas_Binder) November 29, 2020
4/12
Even asymptomatic, previously called healthy, people are tested (en masse) in this way, although there is no epidemiologically relevant asymptomatic transmission. This means that even healthy people are declared as COVID
Thread web\u2b06\ufe0f\u2b07\ufe0f
— Dr. Thomas Binder, MD (@Thomas_Binder) December 16, 2020
The fabrication of the "asymptomatic (super) spreader" is the coronation of the total nons(ci)ense in the belief system of #CoronasWitnesses.
Asymptomatic transmission 0.7%; 95% CI 0%-4.9% - could well be 0%!https://t.co/VeZTzxXfvT
5/12
Deaths within 28 days after a positive RT-PCR test from whatever cause are designated as deaths WITH COVID. This means that other causes of death are reclassified as
8/8
— Dr. Thomas Binder, MD (@Thomas_Binder) March 24, 2020
By the way, who the f*** created this obviously (almost) worldwide definition of #CoronaDeath?
This is not only medical malpractice, this is utterly insane!https://t.co/FFsTx4L2mw