Muthoot Finance – False Alchemy
*Poor Result All Things Considered: Muthoot Finance (MUTH.IN) [Muthoot] reported FY 4Q20 bottom-line results of INR 8.2 bn, increasing INR 117 mn...
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Bank Credit Weekly: Risk-Off Then On as 1-Month HIBOR Hits 39-Month Lows
Unconventional monetary policy stimulus globally, should continue to push investors into high yield and emerging market bonds over the next few...
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Bank Credit Weekly: Risk-On Reversal, NIM Compression Ends
The Fed Chairman’s upcoming congressional testimony may drive US dollar demand and weigh on Asia bank risk sentiment as this week begins. As such,...
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IIFL Finance Ltd. - Downgrade to Sell
Prices on bonds of IIFL Holdings (IIFL IN) have risen from 67 cents to the dollar on May 7 to current levels of 84 due to the global improvement...
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Bank Credit Weekly: Return of Risk-On Sentiment
For every Asia-headquartered bank bond that widened during the week, eight tightened. Risk-on sentiment rose in Asia’s high yield market with...
306 Views