Canara Bank – Canara In The Coal Mine
*Awful Results To Worsen Post-Merger: Canara Bank (CBK.IN) [Canara] reported a net loss of INR 32.6 bn for FY 4Q20, declining from a positive INR...
274 Views
Bank of Baroda – BOBbing and Weaving
* Ex-DTA, Results Were Awful: Were it not for the enormous utilization of deferred tax assets (DTA) of INR 22.3 bn, Bank of Baroda (BOB.IN) [BOB]...
231 Views
LIC Housing Finance – Capital Concerns
* Poor Results, and Should Be Worse Down The Line: LIC Housing Finance (LICHF.IN) (LIC Housing) reported a weak FY 4Q20 bottom-line of INR 4.2 bn -...
222 Views
Punjab National Bank – This Ain’t Over By A Long Shot
* It Just Keeps Getting Worse: Punjab National Bank (PNB.IN) [Punjab] reported FY 4Q20 losses of INR 7.0 bn, wider than expected and the previous...
334 Views
India Banks – Not in Same Boat
There are degrees of stimulus across the world. In India the figures underwhelm. Where the economy and banks were already in their own very real...
293 Views