State Bank of India – The Hits Just Keep On Coming
* Two Hits In Two Weeks: State Bank of India’s (SBIN.IN) [SBI] recent results announcement and Punjab National Bank’s (PNB.IN) [PNB] lending fraud...
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PNB Gives Away One-Third of Its Capital
A perfect storm is brewing and Punjab National Bank (PNB IN) is in its eye. Soon after the stock market opened on February 14. 2018, PNB issued a...
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Indian SOE Banks – Positive/Massive Front-Ended Re-Cap Occurs
* The Indian government removed the biggest tail risk at SOE banks with its first tranche re-cap announcement, enabling the sector to take the...
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Mysterious Saviour for Reliance Communications?
Anil Ambani, chairman, Reliance Communications Ltd (RCOM IN), sounded optimistic at a press conference on December 26, 2017, stating that the...
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India Housing Fin Cos: At the Cusp of a De-Rating
Borrowing costs are increasing at the short as well as long end as banking liquidity approaches neutral zone Housing finance companies (HFCs) had...
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