India Props Up State Banks Yet Again, Korean Chaebol Moment of Truth
Russia and India have looked the riskiest EM banking sectors, the former having seen a huge bailout of Otkritie and B&N while India’s state...
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21 Things Worth Knowing (#6)
1. Artificial Intelligence drives down wages. The Economist wrote an article showing how Artificial Intelligence (AI) is creating new jobs. AI...
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Axis Shareholders' Silent Prayer to Bain: Stick Around to Clean Up the Mess
Is Bain Capital investing in Axis Bank in order to turn around the troubled lender, or is it merely a passive speculator, picking up a stake when...
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ICICI Bank 2Q18: Rising Risk of NPL Divergence with RBI
ResultsICICI Bank's 2Q18 net profit was 19% below consensus expectations due to a decline in treasury income (excluding the stake sale in a...
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Yes Bank Reports Handsome Growth in Misreporting
“After such knowledge, what forgiveness?” – T.S. Eliot, GerontionFor the quarter ended September 30, 2017 (2QFY2018), Yes Bank joined Axis Bank in...
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