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...
261 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....
228 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.
581 Views
Reserve Bank of India – Nothing Changes
RESERVE BANK OF INDIA: New proposed dividend cap on Nonbank financials companies, while trying to rein-in systemic risk, is laden with loopholes.
208 Views
Axis Bank – Denying Evil
AXIS BANK: Allegations Of Exorbitant Lending To The Questionable SREI Without Verification Lead To Aggressive Denials Of Wrongdoing By Axis.
182 Views