Bank Credit Weekly: Risk-On Reversal, NIM Compression Ends
The Fed Chairman’s upcoming congressional testimony may drive US dollar demand and weigh on Asia bank risk sentiment as this week begins. As such,...
269 Views
State Bank of India – Rabbits From A Hat
*Operating Losses: State Bank of India (SBIN.IN) [SBI] reported FY 4Q20 bottom-line results of INR 35.8 bn, increasing INR 20.0 bn (126%) linked...
286 Views
Kotak Placement - Both Done, None to Go. No Overhang
Kotak Mahindra Bank (KMB IN) raised US$1bn via its QIP on 26th May, Kotak Placement - One Done, One More to Go. However, that still left its...
355 Views
Bank Credit Weekly: Reduced, but Still Risk-On Sentiment
For every Asia-headquartered bank bond that widened during the week, two tightened. Nonetheless, risk-on sentiment reduced in Asia’s high yield...
271 Views
Federal Bank – Core Operating Losses Already
*Weak Results Set To Continue: Federal Bank (FB.IN) reported FY 4Q20 earnings results of INR 30.1 bn - falling short of FY 3Q20 results by INR 13.9...
317 Views