Kotak Placement - Has Sold Before, Stock Has Run-Up Recently but It Has Still Underperformed
CPPIB aims to raise around US$750m via selling a 1.6% stake in Kotak Mahindra Bank (KMB IN). The previous selldown by CPPIB held up well.
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HDFC/HDFCB Merger: Impact on Bank Nifty
The HDFC/HDFCB merger will result in a one-way turnover of around 8.4% for the Nifty Bank Index resulting in a one-way trade of INR 21,865m...
583 Views
HSIE Results Daily: IndusInd Bank, Macrotech Developers
IndusInd Bank: IndusInd Bank (IIB) reported its highest-ever quarterly earnings, mainly led by strong loan growth (+21% YoY), stable margins and...
225 Views
Leveraged Financials: ‘Pause and Effect’ - interesting trade-offs ahead
As banks and NBFCs navigate the growth-margin trade-off, we argue that the combination of lower growth and lower spreads is not priced into valuations
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Housing Finance: New market structures open up investment universe
India’s home loan (HL) market (INR26trn, 17% of overall credit) is poised to double by FY28E on the back of secular trends around improving...
495 Views