Muthoot Finance – False Alchemy
*Poor Result All Things Considered: Muthoot Finance (MUTH.IN) [Muthoot] reported FY 4Q20 bottom-line results of INR 8.2 bn, increasing INR 117 mn...
268 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
Banks' Board: Minefield of ‘Conflicts of Interests’?
ICICI Bank Ltd (ICICIBC IN) ‘conflict of interest’ saga has caught the attention of every business media house, analyst and investors community....
360 Views
U.P. Loan Waiver: 'Populist' or a Necessity?
Post the Bharatiya Janata Party’s (BJP) decisive victory in the Uttar Pradesh (UP) state elections, alarm bells have commenced tolling in the...
4.1k Views
India's Lending Is Still Painfully Low in January
The collapse of lending in India remains well in place in January where annual growth is running at an anemic 3.3%. This is the same as in December...
429 Views