India ECM 2020 Mid-Year Review - A Year of Secondary and Rights Issues
Its been a quiet year for listings for most of Asia-Pacific with only Hong Kong being a more recent exception. To say that its been a quite year...
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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...
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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...
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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...
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Kotak Placement - Both Done, None to Go. No Overhang
Kotak Mahindra Bank (KMB IN) raised US$1bn via its QIP on 26th May, Kotak Placement - One Done, One More to Go. However, that still left its...
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