Bank Credit Weekly: Risk Restart
Emerging market capital inflows restarted with the beginning of the third quarter. Nonetheless, risk sentiment remained decoupled globally as...
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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...
329 Views
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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SBI Reduces DTA, Private Banks Pile Up DTA, Analysts Mum on Both
At a time when many private sector banks such as HDFC Bank (HDFCB IN), ICICI Bank Ltd (ICICIBC IN), Axis Bank Ltd (AXSB IN), Indusind Bank (IIB IN)...
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Bank of Baroda – BOBbing and Weaving
* Ex-DTA, Results Were Awful: Were it not for the enormous utilization of deferred tax assets (DTA) of INR 22.3 bn, Bank of Baroda (BOB.IN) [BOB]...
231 Views