Global Equity Strategy: More Cracks Begin to Show
Adding to last week’s concerns reiterated above, additional developments which have further dampened our overall outlook include a breakdown in the...
451 Views
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...
418 Views
Can Fin Homes- 2QFY19- Spreads to Improve over the Next 4 Quarters
Can Fin Homes (CANF IN) reported 2QFY19 PAT in line with our estimates. Disbursements grew by 7% against our estimates of 12%. Loan book grew at...
318 Views
Why RBI Didn't Raise Rates Yesterday: NBFCs Are Facing Credit Squeeze
NBFC sector is facing a credit squeeze that has grown so acute over the last month that it is forcing major players to curtail/stop...
416 Views
Can Fin Homes- Increase in Interest Rates, Lower Fair Value
We have noted increased interest rates for medium-term bonds in India. The yield on 2-year GOI bond has moved to 7.93% in September 2018 from...
410 Views