Asirvad Micro Finance Pre-IPO - Accelerating Profitability Growth but with a Litany of Legal Cases
Asirvad Micro Finance Limited (1053198D IN) is looking to raise around US$183m in its upcoming India IPO. In this note, we talk about the company’s...
190 Views
RBI Norms - Audit Giants Can’t Continue Their Cosy Arrangements with Private Banks and NBFCs
The integrity of audits in banks & NBFCs has received a major boost, while global audit firms have been dealt a body blow by the RBI’s new...
334 Views
Home First Finance Pre-IPO - Earnings Not Showing the COVID Strain but Other Metrics Are
Home First Finance is an affordable housing finance company targeting first time home buyers. It aims to raise US$200m in its India IPO. It is...
270 Views
RBI’s IWG Recommends Foxes Be Put in Charge of Chicken Coops: Cites Foxes’ Experience & Expertise
“What is the robbing of a bank compared to the founding of one?” – Bertolt Brecht. If RBI's IWG recommendation is accepted it will institutionalise...
202 Views
RBI Proposal to Convert Large NBFCs into Banks: No Solution to the Problem of Regulatory Failures
Instead of forcible conversion to banks the RBI should ensure that it improves the regulation of important NBFCs so as to ensure that these...
204 Views