Bajaj Finance – Near-Term Pressure, Long-Term Winner
* Solid Franchise: Given the economic uncertainty, which will ultimately challenge credit costs and growth for Bajaj Finance (BAF.IN) [Bajaj], we...
378 Views
RBL Bank – Too Much Lending
India remains in the throes of its own bank crisis. This is well before virus, shutdown. The partial nationalization of Yes Bank (YES IN) in recent...
325 Views
IndusInd Bank: Panic-Mode Arrival
The Yes Bank (YES IN) fiasco has brought a supreme caution to the Indian banking sector especially the private players; moreover, the Covid-19...
1.1k Views
India Banks – An Open Wound
It is unclear which bank or NBFC will be next. Dewan Housing Finance (DEWH IN) went bankrupt last year. IL&FS went bankrupt the year before....
274 Views
LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
436 Views