ICICI Bank Placement - Early Look - Another US$2bn Raising
ICICI Bank Ltd (ICICIBC IN) announced yesterday that its board had approved a fund raising of up to US$2bn (INR150bn) in one or more tranches via...
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Axis Bank Placement - Early Look - Looking to Raise US$2bn
Axis Bank Ltd (AXSB IN) recently announced that its board has approved a fund raising of up to US$2bn (INR150bn) via issuing equity shares and/or...
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Edelweiss Financial Services – Not Making Any Friends With This Release
*Designed To Confuse:Despite the Economic Times article highlighting that Edelweiss Financial Services (EDEL.IN) [Edelweiss] is looking to dispose...
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Bank Credit Compass: Asia’s Q2 Winners and Losers; What Looks Mispriced into H2
Alpha generation remains available within individual Asian bank bonds. We expect security selection to have a greater impact during the second half...
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Canara Bank – Canara In The Coal Mine
*Awful Results To Worsen Post-Merger: Canara Bank (CBK.IN) [Canara] reported a net loss of INR 32.6 bn for FY 4Q20, declining from a positive INR...
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