PNB Housing Finance – Lost Cause
* Losses Begin: PNB Housing Finance (PNBHOUSI.IN) [PNBHF] reported FY 4Q20 losses of INR 2.4 bn – declining 202.2% linked quarter and missing...
281 Views
Shriram Transport Finance – A Bridge Is For Sale In Brooklyn
*Weak Earnings Across The Board: Shriram Transport Finance (SHTF.IN) [Shriram] reported FY 4Q20 net income of INR 2.2 bn – missing consensus by...
269 Views
RBI Caps Kotak at 26%, Indusind Bank at 15%: Sauce for the Goose Is Not Sauce for the Gander
According to Bloomberg, the Reserve Bank of India (RBI) has denied permission to the Hindujas, the founders of Indusind Bank (IIB IN), to increase...
356 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...
270 Views
Bajaj Finance - Shocking Net New NPL Increase
* Positive Operating Jaws, Despite Hefty Provision: Bajaj Finance (BAF.IN) [Bajaj] reported operating profits for FY 4Q20 of INR 891.6 mn –...
122 Views