Delhi Office Market
o Major demand for IT/ITES space in SEZ\'s mainly due to expiry of the Software Technology Parks of India (STPI) scheme in March 2011
o Improved demand levels across NCR
o Office Space Rentals stabilize in Q2 2010, but no significant increase
o Noida at par with Gurgaon for office space leasing
The Bangalore real estate market saw transaction volumes of approximately 3.6 million square feet in Q2 2010, indicating positive recovery. For the first half of 2010, transaction volumes were 5.6 million square feet compared to 4.6 million square feet in 2009. Major transactions occurred in IT parks on the southeastern part of Outer Ring Road. Peripheral areas continue to report high vacancy due to excess supply, while vacancy levels in the CBD and SBD are expected to decline due to rising demand. The year is projected to see around 8 million square feet of transactions in Bangalore.
o Property occupiers continue their shift from Central Business District (CBD) to Alternative Business District (ACBD) and Extended Business Districts (ECBD).
o New Supply to be added this quarter which is expected to put downward pressure on rents and capital values.
o With increase in FSI on certain commercial buildings, the gap between demand and supply is increasing further.
Demand to pick up in the next quarter resulting in higher transaction volumes However, the leasing and the capital values to remain stable.
The Brisbane CBD office market saw 39,400 sqm of new supply in the past six months. Vacancy rates tightened to 6.2% as net absorption reached over 54,000 sqm. Rents increased for premium and A-grade space due to strong demand. Five major investment transactions totalling $291 million occurred in the first quarter of 2012, reflecting investor confidence in the Brisbane office market.
The document is a quarterly report on the Mumbai office market from Q4 2010. It provides the following key points:
- The office market has responded favorably to corrections in rental values across Mumbai, with notable transactions and absorption of new stock. However, supply continues to outstrip demand.
- Industries sensitive to real estate costs like retail have been actively looking to expand as rents and capital values have become more affordable.
- The Central Business District continues to see movement of large occupiers to alternate business districts offering better infrastructure and amenities at lower prices. Rental values in the CBD remained stable between 220-250 INR/sqft/month over the past 6 quarters.
VCCEdge puts the Indian dealscape in context by bringing to you a set of statistics analyzing Indian M&A, private equity and venture capital activity during the second quarter of 2010.
VCCEdge puts the Indian dealscape in context by bringing to you a set of statistics analyzing Indian M&A, private equity and venture capital activity during the second quarter of 2010.
2011 Middle East & North Africa Regional SnapshotMIX
The document provides an analysis of key trends in microfinance in the Middle East and North Africa region in 2011. It summarizes that the region has the lowest microfinance outreach and scale globally, with the lowest average loan balances. While portfolio quality is high, the region receives the fewest cross-border funds and relies primarily on donations. The Arab Spring uprisings disrupted many microfinance institutions' operations and negatively impacted their clients' microenterprises.
Access Bank Seminar Session 3b - Ebenezer Olufowoseproshare
The Nigerian capital market has experienced significant growth in recent years, with the market capitalization rising over 15 times between 2003 and 2008. Equities have dominated the market, accounting for over 75% of the total market capitalization. However, the banking sector consolidation led banking stocks to increase their dominance of the total market. While the government bond market has grown, the corporate bond market remains underdeveloped. Further developing the corporate bond market and introducing new instruments could help diversify issuer base and provide alternative sources of financing to support economic growth.
The Bangalore real estate market saw transaction volumes of approximately 3.6 million square feet in Q2 2010, indicating positive recovery. For the first half of 2010, transaction volumes were 5.6 million square feet compared to 4.6 million square feet in 2009. Major transactions occurred in IT parks on the southeastern part of Outer Ring Road. Peripheral areas continue to report high vacancy due to excess supply, while vacancy levels in the CBD and SBD are expected to decline due to rising demand. The year is projected to see around 8 million square feet of transactions in Bangalore.
o Property occupiers continue their shift from Central Business District (CBD) to Alternative Business District (ACBD) and Extended Business Districts (ECBD).
o New Supply to be added this quarter which is expected to put downward pressure on rents and capital values.
o With increase in FSI on certain commercial buildings, the gap between demand and supply is increasing further.
Demand to pick up in the next quarter resulting in higher transaction volumes However, the leasing and the capital values to remain stable.
The Brisbane CBD office market saw 39,400 sqm of new supply in the past six months. Vacancy rates tightened to 6.2% as net absorption reached over 54,000 sqm. Rents increased for premium and A-grade space due to strong demand. Five major investment transactions totalling $291 million occurred in the first quarter of 2012, reflecting investor confidence in the Brisbane office market.
The document is a quarterly report on the Mumbai office market from Q4 2010. It provides the following key points:
- The office market has responded favorably to corrections in rental values across Mumbai, with notable transactions and absorption of new stock. However, supply continues to outstrip demand.
- Industries sensitive to real estate costs like retail have been actively looking to expand as rents and capital values have become more affordable.
- The Central Business District continues to see movement of large occupiers to alternate business districts offering better infrastructure and amenities at lower prices. Rental values in the CBD remained stable between 220-250 INR/sqft/month over the past 6 quarters.
VCCEdge puts the Indian dealscape in context by bringing to you a set of statistics analyzing Indian M&A, private equity and venture capital activity during the second quarter of 2010.
VCCEdge puts the Indian dealscape in context by bringing to you a set of statistics analyzing Indian M&A, private equity and venture capital activity during the second quarter of 2010.
2011 Middle East & North Africa Regional SnapshotMIX
The document provides an analysis of key trends in microfinance in the Middle East and North Africa region in 2011. It summarizes that the region has the lowest microfinance outreach and scale globally, with the lowest average loan balances. While portfolio quality is high, the region receives the fewest cross-border funds and relies primarily on donations. The Arab Spring uprisings disrupted many microfinance institutions' operations and negatively impacted their clients' microenterprises.
Access Bank Seminar Session 3b - Ebenezer Olufowoseproshare
The Nigerian capital market has experienced significant growth in recent years, with the market capitalization rising over 15 times between 2003 and 2008. Equities have dominated the market, accounting for over 75% of the total market capitalization. However, the banking sector consolidation led banking stocks to increase their dominance of the total market. While the government bond market has grown, the corporate bond market remains underdeveloped. Further developing the corporate bond market and introducing new instruments could help diversify issuer base and provide alternative sources of financing to support economic growth.
This chapter discusses money demand, the equilibrium interest rate, and monetary policy. It covers the transaction and speculation motives for demanding money, how money demand is determined by transactions volume and the price level, and how the money supply affects the equilibrium interest rate in the money market. The chapter also examines how the Federal Reserve conducts monetary policy to influence the money supply and interest rates.
Details as on year end 2017 and 2016
1. Capital of the bank
2. Loan portfolio details (means exposure to different types of loans)
3. Different types of loans made available at the bank with rate of interest if possible
4. Details of NPA, restructured loans, loans in dispute
5. Story of any major scams if at all
Presentation – joint venture with CHL and GoldfarbPDG Realty
PDG Realty announces a joint venture between Goldfarb and CHL for real estate development projects in Rio de Janeiro state. The joint venture will consolidate PDG Realty's leadership in the low-income real estate segment in Rio de Janeiro. CHL will enter the low-income segment through this partnership. The joint venture already has a significant pipeline of 5 projects totaling R$326 million with 3,000 units expected to launch in the first half of 2008. Goldfarb and CHL will each hold a 50% stake in the new developments.
Yes Bank has experienced strong growth since its inception. It aims to continue growing loans and deposits at above industry rates through aggressive branch expansion and increasing penetration in corporate and retail segments. The bank's loan book has grown at a CAGR of 52.9% over the last 5 years, higher than industry average. The analyst expects loans to grow at a CAGR of 28% from FY11-13. However, maintaining high growth rates may require changes to prioritize improving key metrics like cost of funds. Overall, the report is bullish on the bank's business momentum continuing to drive strong performance.
JPM Prime Brokerage Global Hedge Fund Trends March 2013Brian Shapiro
All major hedge fund strategies posted gains in February except Global Macro, which fell. The HFRI Global Hedge Fund Index rose 0.14% while Relative Value rose the most at 0.66%. Leverage across hedge funds fell slightly from 1.91 to 1.88 as volatility increased. Short positions in the US were covered while flows in Europe and Asia were light. Fewer US investors allocated to structured credit while directional strategies became more popular.
GLOBAL BANKING AND MARKETS-SANTANDER INVESTOR DAY 2011BANCO SANTANDER
Santander's Global Banking & Markets division (GB&M) provides a disclaimer noting that statements in the presentation involving future performance are forward-looking and actual results could differ materially from expectations. GB&M has a unique business model based around leveraging Santander's local banking presence in key markets to provide global banking services. It has achieved strong double-digit revenue growth and market share leadership positions in Latin America through this integrated global-local network approach and conservative risk management practices. Going forward, GB&M aims to further develop capital-light and fee-generating businesses while expanding with Santander into new international markets.
The document summarizes how the Federal Reserve System controls the money supply through three main tools:
1) Changing the required reserve ratio that commercial banks must hold, allowing them to create more or fewer deposits.
2) Adjusting the discount rate that influences how much banks borrow from the Fed, thereby affecting reserves and money creation.
3) Conducting open market operations by buying and selling Treasury securities, which adds to or drains reserves from the banking system.
These tools work by altering bank reserves and their ability to make loans and expand the money supply.
LPS Brasil is acquiring a 51% stake in LPS Piccoloto Consultoria de Imóveis S.A., a real estate brokerage business based in Campinas, São Paulo, to expand into the secondary real estate market in São Paulo. The acquisition is valued at 10 million Brazilian reals and projected to increase LPS Piccoloto's annual sales over the next few years. LPS Brasil believes the acquisition is strategic for developing the secondary real estate market in Campinas.
There was a significant increase in leasing inquiries in Bangalore during Q4 2010, however the volume of office space transactions witnessed a sharp decline compared to the previous quarter. Approximately 0.8 million square feet of office space was leased during this quarter, compared to 3.7 million square feet in Q3 2010. Rental and capital values increased marginally in the Central Business District due to limited availability, while values faced pressure in suburban and peripheral areas due to high vacancy rates from new construction. Approximately 1.1 million square feet of new office space was added in suburban and peripheral areas during the quarter.
Indian Banks Turning Titanic- flash september 2011atul baride
The document summarizes key extracts from the Reserve Bank of India's September 2011 monetary policy review. It discusses the global and domestic economic outlooks, inflation trends, fiscal imbalances, and performance of the banking sector. The RBI believes inflation will remain high in the near term and it is imperative to continue its anti-inflationary monetary policy stance. Bank credit growth is slowing while asset quality remains stable though pressures are building.
FirstBank is a leading Nigerian bank with over 117 years of experience. It has headquarters in Lagos and operations in London, Paris, Johannesburg, Beijing, and other locations. FirstBank aims to provide best-in-class financial services and promote national economic development through its subsidiaries, which include asset management, insurance, and pension fund businesses. The bank has over 1.3 million shareholders globally and continues to receive strong credit ratings. In the first nine months of 2010, FirstBank saw significant growth in deposits, loans, and earnings compared to the previous year.
Infosys Technologies reported modest revenue growth of 2.3% sequentially in Q3 2011, below expectations, due to seasonal weakness in volume growth of 3%. However, margins remained flat despite currency headwinds due to improved pricing. While guidance was raised marginally, the company expects Q4 revenues in the range of Rs 7157-7230 crore and full year revenues of Rs 27,408-27,481 crore.
There have been several important developments in the recent weeks. Sustained high inflation and RBI’s hawkish stance in light of it has fundamentally shifted the growth expectations downwards.
The document provides an analysis and strategy update on China from Deutsche Bank analysts for 2012. Some key points:
- GDP growth is expected to slow to 8.3% in 2012 before accelerating to 8.6% in 2013, supported by 10% EPS growth for Chinese companies.
- Property investment growth will slow significantly in early 2012, potentially dragging down GDP by 1-1.5 percentage points.
- Inflation is expected to fall sharply to around 2.5% by the second quarter of 2012, benefiting sectors such as power and oil refining.
- Several investment themes for 2012 are highlighted, including disinflation, recovery in property and public spending, and dissipating fears
The document provides a SWOT analysis of United Bank of India. It details the bank's strengths such as its financial performance, growth in deposits and assets, and expansion of digital services. Weaknesses mentioned include declining profits, rising non-performing assets, and reductions in key financial ratios. Opportunities discussed are a focus on retail and MSME lending, upgrading technology and services, and partnerships to aid recovery efforts. The document also outlines the bank's branch network and specialized branches.
This document provides an overview of flagship projects proposed under Kenya's Vision 2030 development plan. It identifies 6 key economic sectors - tourism, agriculture, wholesale and retail, manufacturing, BPO, and financial services - and outlines 2-4 flagship projects for each sector. The projects aim to increase GDP, employment, productivity, and competitiveness. For example, in tourism the projects propose building resort cities and expanding safari capacity to quadruple the sector's GDP contribution. The document also provides economic impact analyses for each sector in terms of projected GDP growth and jobs created.
Punjab Board of Investment and Trade (PBIT) is Punjab’s premier Investment promotion agency linking Punjab to a global network of progressive investors – promoting projects with burgeoning potential and high IRR. This one-window-operation also facilitates investors by streamlining procedures and institutional processes through proactive policy advocacy within the government.
Market Research Report : Banking Industry in China 201Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its Banking Industry in China 2011 report covering an industry with strong growth potential. Supportive regulatory policies and control are strongly benefiting the development of this market. The entry of foreign players also propels the growth of this sector making it one of the leading markets in the global scenario. China Banking Regulatory Commission (CBRC) has helped banks to successfully broaden their business through an increase in non-interest income lately by introducing a number of pilot programmes. From an international perspective, Chinese banks have continued their international expansion largely through organic growth via the opening of international branches and subsidiaries.
The report begins with an introduction to the banking industry in China, distinguishing the regulatory bodies and the various types of banks. The industry overview section begins with an insight into the overall banking industry in China along with its segmentation. It further delves into the total deposits and loans, total assets and liabilities and owner’s equity of banking institutions in China.
This is followed by a section on key performance indicators, evaluating the industry’s performance on the basis of key financial ratios specific to banks. It covers loan-to-deposit ratio, capital adequacy ratio, non-performing loan ratio, provision coverage ratio and profitability.
Foreign ownership in China’s banking industry has been covered along with growth of foreign institutions and their assets, segmentation, performance of foreign banking institutions, major foreign investments by Chinese banks and major foreign investments in Chinese banks. It also covers entry strategies for foreign players, typical acquisition process, and major acquisition challenges and solutions for foreign players.
An analysis of macroeconomic policies explains the industry’s significance on an economic basis and includes macroeconomic environment of China’s banking sector, adjusting the pace of credit supply, supporting economic restructuring and industrial upgrading, and participating in national policy formulation.
This is followed by the banking reform development section which covers China’s banking reform development, segment-wise reform policies, opening up of the banking sector, financial innovation and regulation, and implementation of BASEL II and BASEL III norms.
The future outlook section highlights the scope for the banking sector in the near future and includes supervisory focus of CBRC in 2011, medium-to-long term banking sector outlook and mitigation of risks in the banking sector.
The competitive scenario in the Chinese banking industry includes brief profile of the major domestics and foreign banks in China (including the “Big Four” banks).
The Delhi office market showed stability in Q4 2010. Property prices marginally improved in the CBD areas like Connaught Place due to demand from banking and financial services. Vacancy rates in the NCR region stabilized around 30% due to availability of investment grade office space in Gurgaon and Noida. There was growing interest from financial institutions and private equity funds to invest in ready commercial properties in Gurgaon and Noida. It is expected that some large ticket purchase transactions may occur in the next 3-6 months.
Financial inclusion plans of banks in india an opportunity for prod devvijayrkm
Financial inclusion in India remains a challenge despite policy initiatives since the 1950s. The main challenges are developing products tailored to the needs of the unbanked rural population and overcoming high impediments to basic financial transactions in rural areas. Banks are encouraged to form ecosystems with other organizations to facilitate product innovation through financial inclusion labs that test ideas through small pilots prior to wider rollout.
This chapter discusses money demand, the equilibrium interest rate, and monetary policy. It covers the transaction and speculation motives for demanding money, how money demand is determined by transactions volume and the price level, and how the money supply affects the equilibrium interest rate in the money market. The chapter also examines how the Federal Reserve conducts monetary policy to influence the money supply and interest rates.
Details as on year end 2017 and 2016
1. Capital of the bank
2. Loan portfolio details (means exposure to different types of loans)
3. Different types of loans made available at the bank with rate of interest if possible
4. Details of NPA, restructured loans, loans in dispute
5. Story of any major scams if at all
Presentation – joint venture with CHL and GoldfarbPDG Realty
PDG Realty announces a joint venture between Goldfarb and CHL for real estate development projects in Rio de Janeiro state. The joint venture will consolidate PDG Realty's leadership in the low-income real estate segment in Rio de Janeiro. CHL will enter the low-income segment through this partnership. The joint venture already has a significant pipeline of 5 projects totaling R$326 million with 3,000 units expected to launch in the first half of 2008. Goldfarb and CHL will each hold a 50% stake in the new developments.
Yes Bank has experienced strong growth since its inception. It aims to continue growing loans and deposits at above industry rates through aggressive branch expansion and increasing penetration in corporate and retail segments. The bank's loan book has grown at a CAGR of 52.9% over the last 5 years, higher than industry average. The analyst expects loans to grow at a CAGR of 28% from FY11-13. However, maintaining high growth rates may require changes to prioritize improving key metrics like cost of funds. Overall, the report is bullish on the bank's business momentum continuing to drive strong performance.
JPM Prime Brokerage Global Hedge Fund Trends March 2013Brian Shapiro
All major hedge fund strategies posted gains in February except Global Macro, which fell. The HFRI Global Hedge Fund Index rose 0.14% while Relative Value rose the most at 0.66%. Leverage across hedge funds fell slightly from 1.91 to 1.88 as volatility increased. Short positions in the US were covered while flows in Europe and Asia were light. Fewer US investors allocated to structured credit while directional strategies became more popular.
GLOBAL BANKING AND MARKETS-SANTANDER INVESTOR DAY 2011BANCO SANTANDER
Santander's Global Banking & Markets division (GB&M) provides a disclaimer noting that statements in the presentation involving future performance are forward-looking and actual results could differ materially from expectations. GB&M has a unique business model based around leveraging Santander's local banking presence in key markets to provide global banking services. It has achieved strong double-digit revenue growth and market share leadership positions in Latin America through this integrated global-local network approach and conservative risk management practices. Going forward, GB&M aims to further develop capital-light and fee-generating businesses while expanding with Santander into new international markets.
The document summarizes how the Federal Reserve System controls the money supply through three main tools:
1) Changing the required reserve ratio that commercial banks must hold, allowing them to create more or fewer deposits.
2) Adjusting the discount rate that influences how much banks borrow from the Fed, thereby affecting reserves and money creation.
3) Conducting open market operations by buying and selling Treasury securities, which adds to or drains reserves from the banking system.
These tools work by altering bank reserves and their ability to make loans and expand the money supply.
LPS Brasil is acquiring a 51% stake in LPS Piccoloto Consultoria de Imóveis S.A., a real estate brokerage business based in Campinas, São Paulo, to expand into the secondary real estate market in São Paulo. The acquisition is valued at 10 million Brazilian reals and projected to increase LPS Piccoloto's annual sales over the next few years. LPS Brasil believes the acquisition is strategic for developing the secondary real estate market in Campinas.
There was a significant increase in leasing inquiries in Bangalore during Q4 2010, however the volume of office space transactions witnessed a sharp decline compared to the previous quarter. Approximately 0.8 million square feet of office space was leased during this quarter, compared to 3.7 million square feet in Q3 2010. Rental and capital values increased marginally in the Central Business District due to limited availability, while values faced pressure in suburban and peripheral areas due to high vacancy rates from new construction. Approximately 1.1 million square feet of new office space was added in suburban and peripheral areas during the quarter.
Indian Banks Turning Titanic- flash september 2011atul baride
The document summarizes key extracts from the Reserve Bank of India's September 2011 monetary policy review. It discusses the global and domestic economic outlooks, inflation trends, fiscal imbalances, and performance of the banking sector. The RBI believes inflation will remain high in the near term and it is imperative to continue its anti-inflationary monetary policy stance. Bank credit growth is slowing while asset quality remains stable though pressures are building.
FirstBank is a leading Nigerian bank with over 117 years of experience. It has headquarters in Lagos and operations in London, Paris, Johannesburg, Beijing, and other locations. FirstBank aims to provide best-in-class financial services and promote national economic development through its subsidiaries, which include asset management, insurance, and pension fund businesses. The bank has over 1.3 million shareholders globally and continues to receive strong credit ratings. In the first nine months of 2010, FirstBank saw significant growth in deposits, loans, and earnings compared to the previous year.
Infosys Technologies reported modest revenue growth of 2.3% sequentially in Q3 2011, below expectations, due to seasonal weakness in volume growth of 3%. However, margins remained flat despite currency headwinds due to improved pricing. While guidance was raised marginally, the company expects Q4 revenues in the range of Rs 7157-7230 crore and full year revenues of Rs 27,408-27,481 crore.
There have been several important developments in the recent weeks. Sustained high inflation and RBI’s hawkish stance in light of it has fundamentally shifted the growth expectations downwards.
The document provides an analysis and strategy update on China from Deutsche Bank analysts for 2012. Some key points:
- GDP growth is expected to slow to 8.3% in 2012 before accelerating to 8.6% in 2013, supported by 10% EPS growth for Chinese companies.
- Property investment growth will slow significantly in early 2012, potentially dragging down GDP by 1-1.5 percentage points.
- Inflation is expected to fall sharply to around 2.5% by the second quarter of 2012, benefiting sectors such as power and oil refining.
- Several investment themes for 2012 are highlighted, including disinflation, recovery in property and public spending, and dissipating fears
The document provides a SWOT analysis of United Bank of India. It details the bank's strengths such as its financial performance, growth in deposits and assets, and expansion of digital services. Weaknesses mentioned include declining profits, rising non-performing assets, and reductions in key financial ratios. Opportunities discussed are a focus on retail and MSME lending, upgrading technology and services, and partnerships to aid recovery efforts. The document also outlines the bank's branch network and specialized branches.
This document provides an overview of flagship projects proposed under Kenya's Vision 2030 development plan. It identifies 6 key economic sectors - tourism, agriculture, wholesale and retail, manufacturing, BPO, and financial services - and outlines 2-4 flagship projects for each sector. The projects aim to increase GDP, employment, productivity, and competitiveness. For example, in tourism the projects propose building resort cities and expanding safari capacity to quadruple the sector's GDP contribution. The document also provides economic impact analyses for each sector in terms of projected GDP growth and jobs created.
Punjab Board of Investment and Trade (PBIT) is Punjab’s premier Investment promotion agency linking Punjab to a global network of progressive investors – promoting projects with burgeoning potential and high IRR. This one-window-operation also facilitates investors by streamlining procedures and institutional processes through proactive policy advocacy within the government.
Market Research Report : Banking Industry in China 201Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its Banking Industry in China 2011 report covering an industry with strong growth potential. Supportive regulatory policies and control are strongly benefiting the development of this market. The entry of foreign players also propels the growth of this sector making it one of the leading markets in the global scenario. China Banking Regulatory Commission (CBRC) has helped banks to successfully broaden their business through an increase in non-interest income lately by introducing a number of pilot programmes. From an international perspective, Chinese banks have continued their international expansion largely through organic growth via the opening of international branches and subsidiaries.
The report begins with an introduction to the banking industry in China, distinguishing the regulatory bodies and the various types of banks. The industry overview section begins with an insight into the overall banking industry in China along with its segmentation. It further delves into the total deposits and loans, total assets and liabilities and owner’s equity of banking institutions in China.
This is followed by a section on key performance indicators, evaluating the industry’s performance on the basis of key financial ratios specific to banks. It covers loan-to-deposit ratio, capital adequacy ratio, non-performing loan ratio, provision coverage ratio and profitability.
Foreign ownership in China’s banking industry has been covered along with growth of foreign institutions and their assets, segmentation, performance of foreign banking institutions, major foreign investments by Chinese banks and major foreign investments in Chinese banks. It also covers entry strategies for foreign players, typical acquisition process, and major acquisition challenges and solutions for foreign players.
An analysis of macroeconomic policies explains the industry’s significance on an economic basis and includes macroeconomic environment of China’s banking sector, adjusting the pace of credit supply, supporting economic restructuring and industrial upgrading, and participating in national policy formulation.
This is followed by the banking reform development section which covers China’s banking reform development, segment-wise reform policies, opening up of the banking sector, financial innovation and regulation, and implementation of BASEL II and BASEL III norms.
The future outlook section highlights the scope for the banking sector in the near future and includes supervisory focus of CBRC in 2011, medium-to-long term banking sector outlook and mitigation of risks in the banking sector.
The competitive scenario in the Chinese banking industry includes brief profile of the major domestics and foreign banks in China (including the “Big Four” banks).
The Delhi office market showed stability in Q4 2010. Property prices marginally improved in the CBD areas like Connaught Place due to demand from banking and financial services. Vacancy rates in the NCR region stabilized around 30% due to availability of investment grade office space in Gurgaon and Noida. There was growing interest from financial institutions and private equity funds to invest in ready commercial properties in Gurgaon and Noida. It is expected that some large ticket purchase transactions may occur in the next 3-6 months.
Financial inclusion plans of banks in india an opportunity for prod devvijayrkm
Financial inclusion in India remains a challenge despite policy initiatives since the 1950s. The main challenges are developing products tailored to the needs of the unbanked rural population and overcoming high impediments to basic financial transactions in rural areas. Banks are encouraged to form ecosystems with other organizations to facilitate product innovation through financial inclusion labs that test ideas through small pilots prior to wider rollout.
The document provides an investor presentation for 7 Days Group Holdings Limited from March 2013. It contains the following key points in 3 sentences:
1) 7 Days Group is a major economy hotel chain in China that has experienced rapid growth, opening over 400 new hotels in 2012 alone to reach over 1,300 hotels total.
2) The presentation outlines 7 Days Group's strategy of focusing on managed hotels to drive long-term profitable growth at lower risk and higher margins compared to leased-and-operated hotels.
3) Financial highlights show that 7 Days Group has achieved twelve consecutive profitable quarters since 2010 and increasing economies of scale are supporting ongoing profit and cash flow growth.
Hvs india hotel valuation index (hvi) 2010Sandeep Chadha
This document provides an overview and analysis of the Indian hotel industry. It discusses key trends from 2010-2020, including:
1) The Indian hotel industry experienced a shift from feasibility studies to valuations as the global downturn led many announced projects to be cancelled or seek partners, increasing demand for transparent valuations.
2) The Hotel Valuation Index provides historical and future value trends for major Indian cities, showing how much hotels are worth and how values may change over 5 years.
3) After years of strong growth, the global recession hit India in 2008-2009, lowering occupancy and rates. However, the industry proved resilient, with occupancy rebounding over 10% in subsequent years.
4)
The document discusses the opportunities and challenges facing India's banking sector in 2010. It analyzes three possible scenarios - high performance, evolution, and stagnation - depending on the actions taken by policymakers and bank management. For high performance, it emphasizes the need for industry consolidation, increased capital availability, strengthened regulation and corporate governance, and support for new technologies. Both policymakers and management must take decisive steps to build an enabling framework and upgrade capabilities for the banking sector to fulfill its potential in fueling India's economic growth.
This document proposes a five-year strategic plan for establishing a new primary mortgage bank in Nigeria. It outlines the business focus of investing in and financing real estate properties and providing mortgages. The strategic plan projects growing the mortgage portfolio to 25 billion naira, the real estate finance portfolio to 8 billion naira, and the National Housing Fund mortgage portfolio to 10 billion naira over five years. It also recommends a deposit base target of 2 billion naira. Key strategies include collaborating with developers on housing projects, partnering with government entities, and introducing new mortgage products. Maintaining high asset quality, effective loan recovery, and strong corporate governance are also emphasized.
The document discusses the structure of the Indian banking system, including the roles of the Reserve Bank of India and other public and private sector banks. It also outlines the functions of the central bank, procedures for obtaining a personal loan, examples of mergers and acquisitions in Indian banking, and concludes that the banking sector has undergone dynamic changes to compete domestically and internationally.
The document reviews money market reforms in India and evaluates their current status. It discusses the history of money market reforms since 1991, including reductions to reserve requirements and interest rates as well as the introduction of new instruments. However, it argues that further reforms are still needed to develop debt markets fully and introduce innovative products that better serve small entrepreneurs, farmers, and the poor. Rural access to banking also remains inadequate despite reforms.
The document reviews money market reforms in India and evaluates their adequacy. It discusses the history of money market reforms since 1991, including reductions to statutory reserve requirements, increased banking freedom and private sector participation, and new money market instruments. However, the author argues that further liberalization and innovations are still needed, particularly to better serve small entrepreneurs, artisans, farmers and poor people.
This document summarizes the Bank's third quarter 2012 investor presentation. Key points include:
- Net income of $2.05 billion for Q3 2012, up 9.1% year-over-year, with revenue growth of 9.2% excluding special items.
- All business lines saw net income and revenue growth compared to Q3 2011.
- Capital position remains strong and the Bank is confident of achieving 2012 financial targets.
- Earnings benefited from acquisitions, trading revenues and lower taxes, partly offset by higher provisions and lower fees.
- Record quarterly revenue of $5.59 billion, up 11% excluding special items, driven by net interest income growth and acquisitions.
This document discusses non-banking financial companies (NBFCs) in India. It defines NBFCs as financial institutions that provide banking services without a banking license. It classifies NBFCs based on their business activities and lists their major products. It then summarizes the financial performance of the NBFC sector from 2009-2010, noting growth in various areas. Finally, it discusses the future prospects of NBFCs and their importance in the Indian financial system.
Banco ABC Brasil is a mid-sized Brazilian bank that focuses on corporate lending. It has experienced strong growth in its credit portfolio despite economic downturns. The bank has a proven track record of low loan losses. Key strengths include its controlling shareholder, experienced management team, expertise in credit analysis, and wide range of products. Opportunities for further growth exist in expanding its middle market business and product offerings, though heavy reliance on wholesale funding and lack of distribution channels pose weaknesses.
This document summarizes an article from the International Journal of Advanced Research in Management that assesses risk management in the Indian banking sector, with a focus on public and private sector banks. It provides context on risk management and non-performing assets (NPAs) in banking. The study analyzes trends in NPAs for public and private sector banks from 1992 to 2012 and examines capital adequacy ratios after the implementation of Basel II regulations from 2007 to 2012. The document reviews previous literature on risk management and NPAs and outlines the objectives and methodology of the research.
The Economic Survey 2011-12 highlights India's GDP growth estimates of 6.9% for the current fiscal year, projected to increase to 7.6% in 2012-13. Inflation has slowed, food inflation declining from 20.2% to 1.6%. Exports grew 40.5% in the first half of the fiscal year. The budget aims to reduce the fiscal deficit from 5.9% to 5.1% of GDP for 2012-13 through measures like introducing a goods and services tax and raising funds through divestment.
Dubai's real estate market has been unstable in recent months due to the global financial crisis. While some construction projects have resumed, about 33% of developments remain unfinished due to lack of funding or management issues. The government and developers need to make financing more accessible and encourage mergers to complete projects. However, it is uncertain whether investment will recover as many foreigners who invested in Dubai real estate have been disappointed by the market downturn and are considering moving their businesses elsewhere. Rental prices in Dubai have dropped significantly but attracting long-term investment will require stable economic conditions and strong property right protections.
This document provides a disclaimer and forward-looking statements from Banesto and Santander regarding the presentation. It cautions that the presentation contains forward-looking statements that are based on knowledge at the time and may change. It also notes several risk factors that could adversely affect business performance. The remainder of the presentation summarizes Banesto's management priorities in response to the financial crisis, including strengthening its balance sheet by maintaining liquidity and capital ratios, reducing real estate risk, and maximizing profitability through margin and cost control. It provides data on the bank's liquidity, capital, asset quality, profitability, market share, and customer service ratings. The outlook section establishes profitability, asset quality, capital and liquid
SunTrust Banks reported financial results for 2Q 2008. Net income increased 89% from the prior year due to securities gains, but core revenue growth was soft due to declining mortgage income. The provision for loan losses declined 20% from last quarter but credit quality continued to deteriorate. Capital levels improved substantially following transactions involving Coca-Cola stock, raising the estimated Tier 1 capital ratio to 7.47% from 7.23% last quarter. The net interest margin increased to 3.13% driven by improved deposit pricing and mix.
This document provides an annual report and financial statements for Lennar Corporation for the fiscal year ending November 30, 2006. It includes a letter to shareholders from the CEO highlighting the company's focus on liquidity, simplicity, and process to navigate the difficult housing market in 2006, resulting in increased revenues and home deliveries despite write-downs and valuation adjustments. The letter also discusses strategies for 2007 which include maintaining a strong balance sheet, improving margins through cost reductions and efficiency gains, and adhering to processes to adjust operations as needed.
This document provides an annual report and financial statements for Lennar Corporation for the fiscal year ending November 30, 2006. It includes a letter to shareholders from the CEO highlighting the company's focus on liquidity, simplicity, and process to navigate the difficult housing market in 2006, resulting in increased revenues and home deliveries despite write-downs and valuation adjustments. The letter also discusses strategies for 2007 which include maintaining a strong balance sheet, improving margins through cost reductions and efficiency gains, and adhering to processes to adjust operations as needed.
Similar to City Report - Delhi Office Market Q2 2010 (20)
2. BNP Paribas Immobilier– 13 boulevard du Fort de Vaux, 75017 Paris – France SAS au capital de 225 205 616 € - RCS Paris 692 012 180 – Code NAF 4110B
BNP Paribas Real Estate
All the buildings blocks
In India our specialists bring you our expertise in Transaction Advisory, Valuation, Consulting.
With our international scope and on-the-ground presence, you’ll find the perfect partner that can ensure the
success of your real estate project. With BNP Paribas Real Estate, all the pieces come together.
Your contact in India: Bangalore: +91 80 4050 8888 - Mumbai: +91 22 6138 8088 - Delhi: +91 11 4959 8800
info.india@bnpparibas.com
www.realestate.bnpparibas.com
3. CONTENTS
Summary p. 4
Macroeconomic Context p. 5
Delhi Map p. 6
Central Business District (CBD) p. 7
Alternate Central Business District (Alternate CBD) p. 8
Secondary Business District (SBD) p. 9
Periphery Business District (PBD) p. 10
Rental Values p. 11
Capital Values p. 12
Key Transactions p. 13
Key Projects p. 14
Glossary p. 15
CITY REPORT
DELHI OFFICE MARKET - Q2 2010
4. SUMMARY
High Demand for SEZ space.
Due to better tax exemptions and incentives, most of the IT / The investors are still cautioous of investing in the region as
ITES Companies are moving to new SEZ developments in the the risk adjusted returns are below their expectations. With
National Capital Region. Due to this movement, the demand the massive improvement in road and rail infrastructure, it is
for commercial real estate has grown. Further, as per the expected that the region will attract investors attention in
revised Direct Tax Code guidelines, all SEZ units set up after the next 6 months. The rental and capital values however, is
March 2011, will not be eligible for tax benefits. This has likely to remain the same till the end of 2011.
accelerated the absorption of real estate space in NCR.
On the development side, most of the companies have
announced projects in Gurgaon & Noida. However, there is no
new commercial project announcement in Delhi. A number of
Government agencies are gearing up to auction certain land
parcels in Delhi, which is likely to generate good interest
especially from owner-occupier group.
CITY REPORT
DELHI OFFICE MARKET - Q2 2010 I4I
5. CRR & SLR MACROECONOMIC CONTEXT
10
Rates hiked further. Well calibrated move to manage
8 growth and inflation
Percent
6 The Reserve Bank of India (RBI), which is the central bank of India in its
monetary policy has further raised the CRR, Repo Rate and the Reverse Repo
4
Rate by 25 basis point each. This action by the central bank is seen as a well
calibrated move to balance growth, arrest rising inflation and manage
2
liquidity and currency. It is expected that due to rise in rates, the real estate
0
lenders will also increase their rates especially for construction lending. The
banking sector also moved to a new “base rate” system of lending effective
Jan-09
Mar-09
May-09
Jul-09
Sep-09
Nov-09
Jan-10
Mar-10
May-10
Jul-10
Mar-08
May-08
Jul-08
Sep-08
Nov-08
July 1, 2010, which is expected to enhance transparency in loan pricing,
promote competition in the credit market and also improve the transmission
SLR CRR
of monetary policy. On the credit side, the base rates set by major public
sector banks were in the narrow range of 7.25% -8% Further, the RBI also
announced two real estate indices for residential and commercial rates.
Repo & Reverse Repo Rate These indices are expected to be updated every quarter. However, it will take
10 some time for these indices to be active.
8 The economic recovery gained further momentum with the good progress of
the monsoon which is expected to yield better agricultural output. The last 6
Percent
6 months has seen substantial rise in foreign cash flows and exports. However,
the trade deficit is increasing as imports, especially the oil based imports
4 has risen significantly as well. The economic survey report released by the
government of India just ahead of the union budget announced a GDP
2
between 8.25% - 8.75% for the year 2010-11. However, the various industry
estimates pegs the GDP growth between 7% -8%.
20-Jan-09
20-Feb-09
20-Mar-09
20-Apr-09
20-May-09
20-Jun-09
20-Jul-09
20-Aug-09
20-Sep-09
20-Oct-09
20-Nov-09
20-Dec-09
20-Jan-10
20-Feb-10
20-Mar-10
20-Apr-10
20-Oct-08
20-Nov-08
20-Dec-08
On the SEZ space, the fate of approved Special Economic Zones, which are
Repo Reverse Repo
yet to become operational, hangs in balance with the proposed Direct Tax
Code (DTC) denying tax exemptions to new units in the SEZs. According to the
revised DTC draft, the tax exemptions for the SEZs have been provided only
for the existing units. The new draft clearly mentions that the profit-linked
Gross Domestic Product (GDP) deductions of units already operating in SEZs for the unexpired period (of 15
12.00%
years) will be incorporated. This provision would mean end of new
10.00% 9.30%
investment by promoters, who have received formal approvals from the
9.20%
8.80%
8.60% Commerce Ministry after acquiring land for their projects. The uncertainty
8.00% 8.80% 7.60% 7.90% will affect even the operational SEZs because not all of them have been
7.90%
5.80%
occupied by units. At present, SEZ units get 100% income tax exemption on
6.00% 6.00% export income for the first five years, 50% for the next five years. They also
6.10%
5.30%
get exemption on 50% of the ploughed back export profit for the next five
4.00%
years after the first 10 years. The leading SEZ developers of India especially
2.00% in the IT/ITES space are currently lobbying with the government to reverse
certain decisions with respect to exemption for the SEZ units and it will be
0.00% interesting to see the impact of these revisions of DTC on the decision making
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2007 2007 2007 2008 2008 2008 2008 2009 2009 2009 2009 2010 process especially of the international corporate occupiers in the IT/ITES
services sector.
Major Real Estate Sales (In INR / In Million) Profits (In INR / In Million)
Companies in Q on Q Q on Q
Wholesale Price Index (WPI) India Q2 2010 Q1 2010
Change %
Q2 2010 Q1 2010
Change %
18.00% DLF Limited 202,853 199,437 2% 41,103 42,638 -4%
16.00% 82,857 113,248 18,004 16,341
Unitech -27% 10%
14.00%
India Bulls 43,371 49176 -12% 13,358 9,427 42%
12.00%
Sobha Developers 31,560 39,950 -21% 3,430 5,570 -38%
10.00%
Peninsula Land 14,831 22,474 -34% 4,996 9,627 -48%
8.00%
Parsvnath
6.00% 25,279 35,489 -29% 3,182 3,472 -8%
Developers
4.00% Pheonix 4,043 3,447 17% 1,826 1,570 16%
2.00% 25,293 37,820 2,172 4,511
Omaxe Limited -33% -52%
0.00%
Mahindra
6,793 10,096 1,448 2,369
Jan-09
Apr-09
Jul-09
Oct-09
Jan-07
Apr-07
Jul-07
Oct-07
Jan-10
Apr-10
-33% -39%
Jan-06
Apr-06
Jul-06
Oct-06
Jan-08
Apr-08
Jul-08
Oct-08
Lifespace
Ananthraj 10,342 3,409 203% 4,585 3,095 48%
Source: Confederation of Indian Industries Ackruti City 17,649 21,731 -19% 4,205 5,420 -22%
Ansal Properties 25,077 21,571 16% 3,686 -633 -682%
CITY REPORT
DELHI OFFICE MARKET - Q2 2010 I5I