Bajaj Finance – Credit Disaster
BAJAJ FINANCE: BAF FY 3Q21 results increased 18.8% linked quarter, driven by a 20.5% drop in provisions despite a 123.4% increase in NPLs. We...
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L&T Finance Holdings – Credit Risk Jeopardizes Bank License
L&T FINANCE: LTFH reported a FY 3Q21 result increase of 9.8% linked quarter. Continued acceleration of net new NPL growth and a reserve shortfall...
402 Views
Indian Railway Finance IPO - Low Risk, Low Margin, Low Returns
Indian Railway Finance Corporation (IRFC) aims to raise around US$630m via its Indian IPO. IRFC is the dedicated financing arm of the Indian...
257 Views
Bajaj Finance – Smack
BAJAJ FINANCE: RBI fined Bajaj Finance INR 25 mn for failing to ensure that its debt recovery agents were following the appropriate guidelines....
218 Views
Mahindra & Mahindra – Ssanyong Goes Plotz
MAHINDRA & MAHINDRA: 75% Owned Ssangyong Motors Declares Bankruptcy, and M&M Is Likely On The Hook For The Credit Guarantees.
564 Views