India – Recap Euphoria, Going, Going, Gone
It was always a stretch that the Reserve Bank of India’s (RBI) INR2.1 trillion could well recapitalise the main government-owned banks. At the time...
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State Bank of India – The Hits Just Keep On Coming
* Two Hits In Two Weeks: State Bank of India’s (SBIN.IN) [SBI] recent results announcement and Punjab National Bank’s (PNB.IN) [PNB] lending fraud...
192 Views
Indian SOE Banks – Positive/Massive Front-Ended Re-Cap Occurs
* The Indian government removed the biggest tail risk at SOE banks with its first tranche re-cap announcement, enabling the sector to take the...
191 Views
Bandhan Bank IPO Preview: Poor People, Rich Returns
Bandhan Bank is a commercial bank focused on microfinance services in the underbanked and underpenetrated markets in India. Bandhan is targeting a...
296 Views
India Props Up State Banks Yet Again, Korean Chaebol Moment of Truth
Russia and India have looked the riskiest EM banking sectors, the former having seen a huge bailout of Otkritie and B&N while India’s state...
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