Karnataka bank – private bank @ public sector valuation

Stock Opportunities Untested - but worth a good look
189

Hi All,
Any view from this community post Q3 result?

Obviously market did not like the performance but i thought numbers were decent. However, there are 2 things nagging me -

  1. Ceo comes across super aggressive which is not a bad thing. He hired basically all new management. CTO/ CPO, etc… I hope that he is culturally fits with overall bank staff. Need to wait and see. Does anyone have any opinion of the CEO from past experiences?

  2. The ppt was a lot of talk, not real substance. I could not even get Q3 figures, just 9M figures. Provisioning is unclear, credit cost is unclear, etc. I have to.dig into.all past ppts to see whether it was the same way like or new management is purposefully being restrictive of info.

Any inputs welcome!

I am invested in this stock.

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190

You can listen to concall, basically they were saying it will take two more quarters to get the results of all they are doing like fintech tie ups and other initiatives, by retiring high cost bonds they are doing right thing, Q4 is seasonally better, let us see fingers crossed,

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