Can Fin Homes – Mortgage Lending Not Totally Safe, In India
The idea that large corporate loans and especially those related to infrastructure projects, are the main credit risk for India’s banks, may be...
393 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...
437 Views
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...
416 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