Vehicle Financing - Secular Opportunity Meets Cyclical Tailwinds
With green shoots in the underlying PV and CV segments, the Indian vehicle financing disbursals (FY22: ~US$ 42bn) is poised to ride a secular 15%+...
170 Views
Mahindra Finance - Treading Towards Normalcy
Mahindra Finance reported PAT of Rs6bn, led by lower provisions. NIMs (calc) declined by 83bps QoQ to 9.8% as the NBFC reversed higher interest...
212 Views
Asset quality improvement led to provision write-backs
Operating profit rose 36% QoQ to INR10.2b (10% beat) due to higher interest income from the write-back of NPA upgrades. This impact on PPOP was...
59 Views
HSIE Results Daily: DLF, Dr. Reddy’s, IndusInd Bank and More
HSIE Results Daily DLF: DLF surprised positively on presales at INR 10bn (6.6x/-5% YoY/QoQ) despite the lockdown during the quarter. While office...
92 Views