Specialist in Indian Banking and Economic Research

Hemindra Hazari

Is a Securities & Exchange Board of India (SEBI) registered research analyst with over 25 years experience in the Indian capital markets with a specialization in banking and economy research and has managerial experience of establishing profitable equities business, leading and mentoring analysts.  He has worked with prominent foreign and domestic capital market firms such as UBS, Societe Generale, HSBC, ASK Raymond James  and Karvy Stock  Broking and is a regular guest on business media channels and is respected for his non-consensus view on stocks and the market.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul>
<li>Government-Owned companies contributing to overall banks' loan growth as growth rate is higher as compared with the private sector companies</li>
<li>Loan growth of private sector companies appears mainly for working capital purposes</li>
<li>Fresh private sector investment to stimulate the economy appears unlikely on account of poor future demand</li>
</ul>


Government-Owned companies contributing to overall banks' loan growth as growth rate is higher as compared with the private sector companies
Loan growth of private sector companies appears mainly for working capital purposes
Fresh private sector investment to stimulate the economy appears unlikely on account of poor future demand


Loan Uptick Is Not a Sign of Real Recovery in Private Corporate Investment