Axis Bank – Evil Result
AXIS BANK: Axis reported a 33.8% decline in linked quarter FY 3Q21 results. Given the hefty increase in net new NPLs, results make little sense....
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Emerging Market Overweights Series. Part 1: Indian Financials
Emerging Market Overweights Series. Part 1: Indian Financials. Analysing the make-up of the overweight in Indian Financial stocks.
342 Views
Indian Railway Finance IPO Trading - Not a Bad Subscription Result
Indian Railway Finance Corporation (IRFC) raised around US$630m via selling new and existing shares in its Indian IPO. The shares will start...
271 Views
Kotak Mahindra Bank – Credit Falling Off Of A Cliff
KOTAK MAHINDRA BANK: KMB reported FY 3Q21 linked quarter results decline of 15.2%, driven primarily by a 62.5% increase in provisions which still...
209 Views
State Bank of India – On The Hook
STATE BANK OF INDIA: Yes Bank reported FY 3Q21 core operating losses INR 3.8 mn. Net new problem loan annualized growth rate of 99.5% and reserve...
207 Views