Indian Railway Finance IPO Trading - Not a Bad Subscription Result
Indian Railway Finance Corporation (IRFC) raised around US$630m via selling new and existing shares in its Indian IPO. The shares will start...
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Kotak Mahindra Bank – Credit Falling Off Of A Cliff
KOTAK MAHINDRA BANK: KMB reported FY 3Q21 linked quarter results decline of 15.2%, driven primarily by a 62.5% increase in provisions which still...
209 Views
State Bank of India – On The Hook
STATE BANK OF INDIA: Yes Bank reported FY 3Q21 core operating losses INR 3.8 mn. Net new problem loan annualized growth rate of 99.5% and reserve...
207 Views
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...
248 Views
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...
415 Views