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For liquidity, stability and growth, SBI is the best buy, Indian analysts say

Article Abstract:

Indian investment analysts believe that State Bank of India's (SBI) stocks are good investments, especially for investors who want liquidity, stability and growth. SBI's stocks are currently trading eight-and-half times more than the company's forecast earnings for FY 1995, ending in Mar. 31, 1996. In addition, it has significant exposure in the domestic lending market and is considered the dominant bank in India's banking industry.

Author: Sharma, Sumit
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Evaluation, Investments, State Bank of India

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India's OBC is a big fish in a small bank-stock pond

Article Abstract:

Many fund managers and analysts believe that the price of Oriental Bank of Commerce (OBC) shares will continue to go up. They state that investors eager to get in on India's growing economy have few choices when it comes to large, liquid bank stocks so demand for OBC shares is likely to drive its price up even further. New Delhi-based OBC is one of India's leading state-owned banks.

Author: Sharma, Sumit
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
India, Oriental Bank of Commerce

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Bank of Western Australia's IPO starts strongly as investors bet on quick buck

Article Abstract:

Investors looking to make a quick profit should consider the Bank of Western Australia's initial public offering. Although the IPO price is not cheap at Australian $2.05 per share, analysts are confident that the stock will easily increase in value within the first few days of trading due to euphoria surrounding the stock and positive market sentiment towards banks in general.

Author: Witcher, S. Karene
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Forecasts and trends, Going public (Securities), Initial public offerings, Bank of Western Australia Ltd.

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Subjects list: Banking industry, Banks (Finance), Securities
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