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...
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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
IndoStar Capital Finance - Betelgeuse
*Terrible Quarter Likely To Be Repeated: IndoStar Capital Finance (INDOSTAR.IN) [IndoStar] reported a FY 4Q20 loss of INR 4.2bn against a profit of...
204 Views
City Union Bank - Operationally Weak
* Losses Mount: City Union Bank (CUBK.IN) [City Union] reported a loss in FY 4Q20 of INR 954 mn, declining INR 2.9 bn or 150.0% linked quarter....
230 Views
PNB Housing Finance – Lost Cause
* Losses Begin: PNB Housing Finance (PNBHOUSI.IN) [PNBHF] reported FY 4Q20 losses of INR 2.4 bn – declining 202.2% linked quarter and missing...
281 Views