ICICI Bank – Insurance Waiver In Reality Is Capital Forbearance
*Ownership Waiver Received On Insurance: On September 14th, ICICI Bank (ICICIBC.IN) [ICICI] announced that it had received an exemption on...
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Reserve Bank of India – Toothless Tiger
* RBI Failure To Think Through Moratorium Leads To Continued Uncertainty for India: On September 3, 2020, the Supreme Court of India held a hearing...
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Edelweiss Financial Services – Better, But Still Bad
*Dreadful Bottom-line Continues: Edelweiss Financial Services (EDEL.IN) [Edelweiss] reported a consolidated loss of INR 2.6 bn (post minority...
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LIC Housing Finance - Positive Operating Deltas
*Solid Numbers For Now: LIC Housing Financing (LICHF.IN) [LIC] reported FY 1Q21 earnings results of INR 8.2 bn, improving INR 4.0 bn (94.0%) linked...
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State Bank of India – YES We Can
*CRISIL Upgrade Of YES: CRISIL (formerly Credit Rating Information Services of India Limited) [SPGI. US] recently upgraded the rating on Yes Bank’s...
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