ICICI Bank – Insurance Waiver In Reality Is Capital Forbearance
*Ownership Waiver Received On Insurance: On September 14th, ICICI Bank (ICICIBC.IN) [ICICI] announced that it had received an exemption on...
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Reserve Bank of India – Toothless Tiger
* RBI Failure To Think Through Moratorium Leads To Continued Uncertainty for India: On September 3, 2020, the Supreme Court of India held a hearing...
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Edelweiss Financial Services – Better, But Still Bad
*Dreadful Bottom-line Continues: Edelweiss Financial Services (EDEL.IN) [Edelweiss] reported a consolidated loss of INR 2.6 bn (post minority...
343 Views
Norwegian Fund’s Stand on Page Industries: Market Can No Longer Ignore Labour Rights Violations
The Council of Ethics of the Government Pension Fund Global (GPFG), the Norwegian sovereign fund, recommended on February 19, 2020 that Page...
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Indian Banks: Be Mindful of the Negative Asset-Liability Gap in the Short-Term
The coronavirus contagion has put forth multiple challenges for the Indian Banking sector. One of them is the marked divergence in the credit and...
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