HDFC Placement - Early Look - Looking to Raise US$1.9bn
HDFC Limited (HDFC IN) recently announced that its board has approved a fund raising of US$1.9bn in one or multiple tranches of equity or equity...
445 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...
320 Views
RBI Paper on Corporate Governance: Can the Regulator Outsource Its Duties to the Bank Boards?
To address the woeful state of corporate governance in India’s banking sector, especially in the much fancied and widely covered private sector (in...
297 Views
IndoStar Capital Finance - Betelgeuse
*Terrible Quarter Likely To Be Repeated: IndoStar Capital Finance (INDOSTAR.IN) [IndoStar] reported a FY 4Q20 loss of INR 4.2bn against a profit of...
197 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....
223 Views