Axis Bank – Preparing For a Long Winter
Results Were Awful: In contrast to 1Q20 Indian bank earnings results to date, Axis Bank (AXSB.IN) [Axis or AXSB] reported a loss of INR 13.9 bn,...
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Kotak Mahindra Bank – Power Forward
Here’s The Deal: The Board of Directors approved an equity capital raise of up to 65 mn shares – which would imply an INR 73 bn capital raise....
333 Views
Kotak Placement - Early Look - Gearing up for a US$1.5bn+ Raising/Selldown, Index Flows Will Help
Kotak Mahindra Bank (KMB IN) announced over the weekend that its board would meet on 22nd April to evaluate its fund raising options. KMB's...
350 Views
HDFC Bank: Rectifies Bizarre Defiance to Reserve Bank of India’s Directives
At a time when the economic environment is very volatile, and HDFC Bank (HDFCB IN)’s share price has seen an unexpected slump, comes news of...
290 Views
Bank Credit Weekly: HY Crowding-In; Swim Across the Riptide as Asia Earnings Begin
Crowding-in took over as global credit markets put on a strong rally following continuing aggressive moves by monetary policymakers to support...
306 Views