India Banks – Consumer and Mortgage Also a Risk
As new numbers are released, we have a better glimpse of where we are in the bad loan cycle, and the data is not reassuring. And we see that it is...
405 Views
India: Corporate Liquidity Tightness Shows No Signs of Abating
We interacted with a few companies over the past week to gauge the current liquidity scenario. These include an infrastructure player, a tire maker...
385 Views
AAVAS Financiers IPO - Trading Update - A Long Way Down - Totally Out of Whack with the Sector
Aavas Financiers Ltd (AAVAS IN) priced its IPO at INR821/share even though it fell short of covering its retail and HNI tranches. Unfortunately for...
380 Views
Aavas Financiers IPO - Adjusted Price to Book Is More like 15x Trailing
Aavas Financiers Ltd (AAVAS IN) aims to raise US$240m through a mix of issuance of primary shares and secondary shares selldown. I covered most...
403 Views
India Micro Finance/SFB: Global Experience Shows Challenges in Establishing Viability
Indian micro finance(MFI)/Small Finance Banks (SFB) players are making a comeback after the vulnerability exposed by the demonetization in Nov-16....
281 Views