Five-Star Business IPO - RHP Updates and Peer Comparion
Five Star Business Finance is looking to raise around US$250m in its upcoming India IPO. In this note, we talk about the RHP updates and undertake...
258 Views
India: AMFI Stock Reclassification Preview
With 9 trading days to go in the review period, we see 5 stocks moving from Mid to Large and 7 stocks moving the other way. 2 new listings will be...
499 Views
LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
441 Views
India: Loan Growth Lowest on Record
India’s banks are now recording domestic loan growth at 5.9% YoY in the latest available figures, for November 2017. In CEIC's India Monetary...
234 Views
Demonetization Paradox 2.0: Bungle Bells, Bungle Bells, Bungles All The Way
Whether the bull had passed through the china shop? Let’s inspect the shop, is the simplest answer. Whether the bulls stomped through the china...
1.3k Views