India – Weakening Rupee Means Little Relief For Banks
The last thing which struggling debtors in India need is another interest rate increase. But this is precisely what they will get. Given extreme...
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IL&FS: Begin by Giving the Board the Boot
Infrastructure Leasing and Financial Service (IL&FS), an unlisted company, classified by the Reserve Bank of India (the financial sector...
795 Views
HDFC Bank – Newly Released Annual Report Holds Troves of Granular Data, Not All of Which Is Positive
Unique in HDFC Bank Limited (HDFCB IN)'s newly released annual report for fiscal year 2018, is its table on asset classification 'divergence.' It...
1.4k Views
Reliance Communications: Waiting to Exhale
Reliance Communications Ltd (RCOM IN) (RCOM) missed interest payments on its USD300m bonds (RCOMIN 6.5% 6Nov2020s) on 6-November-2017. RCOM was...
488 Views
India – Higher USD Debt with Weakening FX Rate Is Not a Good Combination
The INR (USDINR CURNCY) reached a new low at INR69.1 to the USD. This is despite the Reserve Bank of India’s (RBI) rate rise several weeks ago. ...
376 Views