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]...
232 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...
335 Views
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