While Trump Victory May Increase Volatility, There Are Some Long-Term Positives for Financials
Donald Trump's unexpected presidential victory in the U.S. has certainly surprised the global financial markets, and we expect a fair amount of...
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ICICI Bank's Q2 Result Subdued as Asset Quality Deteriorates
ICICI Bank's second-quarter result was fairly subdued. The result benefited from a one-off INR 56.8 billion gain for selling its 12.63% stake in...
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Demonetisation in India: High-Value Currency De-Notified; Con.Discretionary to Slow; Rate Cut Likely
The Indian Government has taken a significant step in curbing the parallel economy by removing Rs500 and Rs1000 notes from circulation and plans to...
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Axis Bank:Profits Have Many Parents, Fiascos Are Orphans
Axis Bank shocked analysts when it declared profits of only Rs 3.19 bn for the quarter ended September 30, 2016 (2QFY2017). This was a precipitous...
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Brexit: Judgement Versus Obedience
Yesterday's high court ruling stating that parliament must have a say before any triggering of Article 50 to start the process for Britain to leave...
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