India Banks – Weak Turn Strong?
We wonder if those banks that saw radical growth of impairment costs during FY20 will see the most improvement in the current year? We have the...
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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...
255 Views
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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Bank Credit Weekly: FOMC Meeting May Determine Near-Term Risk Sentiment
Weakening oil prices, a flattening US$ yield curve and rising Eurodollar futures together point to a decline in economic demand prospects combined...
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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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