HDFC Bank – Expecting Downward EPS Revisions
*Weak FY 1Q21 Results: HDFC Bank (HDFCB.IN/HDB.US) reported FY 1Q21 results of INR 66.6 bn, which declined INR 2.7 bn (3.9%) on a linked quarter...
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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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Reserve Bank of India – Finally Getting One Right
*Improving NBFC Liquidity: The several year long negative spiral in the Non-bank Financial Company (NBFCs) sector, seems to have reversed - at...
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Big Bang Reforms, Support for Consumers & Flexible Labour to Boost India
Unlike most of the world, India has not undertaken a fiscal spending binge to counter its Covid-induced downturn. Instead, while keeping its fiscal...
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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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