At a time when the stalwarts of banking industry are failing to impress investors and bulls of 
Dalal Street alike, it’s actually the minnows which are stealing the show. UTI Bank is one such bank and one just needs to glance at the financials to understand why analysts have recommended a ‘buy’ or ‘accumulate’ rating on UTI stock. India’s third largest private lender – UTI Bank registered net profits of Rs.6.59 billion for the year 2007, a massive 35.8% jump over last year. Today, with an impressive portfolio, UTI Bank offers its customers all the financial services ranging from corporate credit to retail banking to capital market services. One of the better networked banks in India, UTI Bank is giving a tough fight to the likes of ICICI Bank and SBI in terms of reach and expansion in metros.
Dalal Street alike, it’s actually the minnows which are stealing the show. UTI Bank is one such bank and one just needs to glance at the financials to understand why analysts have recommended a ‘buy’ or ‘accumulate’ rating on UTI stock. India’s third largest private lender – UTI Bank registered net profits of Rs.6.59 billion for the year 2007, a massive 35.8% jump over last year. Today, with an impressive portfolio, UTI Bank offers its customers all the financial services ranging from corporate credit to retail banking to capital market services. One of the better networked banks in India, UTI Bank is giving a tough fight to the likes of ICICI Bank and SBI in terms of reach and expansion in metros.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
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