HDFC Bank – Story Appears Different From Reality
HDFC BANK: HDFCB recently put a positive spin on nearly every aspect of its business. However, credit quality and provision realities are far...
215 Views
Reserve Bank of India – Idle Hands Are The Devil’s Workshop
RESERVE BANK OF INDIA: The RBI is contemplating limiting bank ownership in insurance companies to a maximum 20%. Given where we are in the credit...
189 Views
Aadhar Housing Finance Pre-IPO - Decent past Growth but Comes with Weird Disclosures
Aadhar Housing Finance, the largest affordable housing finance company, plans to raise around US$1bn via selling a mix of primary and secondary...
334 Views
Brookfields India Real Estate Trust IPO Trading - Mixed Bag
Brookfield India Real Estate Trust (BIREIT IN) raised around US$520m in its India IPO. In this note, I'll talk about deal updates and provide a...
203 Views
Edelweiss Financial Services – The Whole Package
EDELWEISS FINANCIAL SERVICES: Edelweiss reported another loss. We are troubled by the enormity of the breakdown in credit, light loss reserves at...
205 Views