ICICI Bank Placement - Last of the Big Private Bank Raising
ICICI Bank Ltd (ICICIBC IN) launched its qualified institutional placement (QIP) overnight, to raise around US$2bn. I had taken a look at the deal...
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IndusInd Bank – Much More Wood To Chop
*Results Beat Not Indicative Of True Credit Picture: IndusInd Bank (IIB.IN) [IIB] reported FY 1Q21 results of INR 4.6 bn, exceeding FY 4Q20 results...
315 Views
Kotak Mahindra Bank – Credit Falling Apart
* Flattish Results: Kotak Mahindra Bank (KMB.IN) [KMB] reported FY 1Q21 results of INR 12.4 bn, declining just INR 221 mn (1.7%) linked quarter....
339 Views
Bajaj Finance – Positive Turn In Credit
*India’s First Positive NBFC Result:Bajaj Finance (BAF.IN) [Bajaj Finance] earnings for FY 1Q21 amounted to INR 9.6 bn, increasing INR 142 mn...
367 Views
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...
385 Views