RBI Policy Update: A Boost For Indian Financials
RBI announced its monetary policy updates yesterday (Feb 6, 2020). While it left the interest rates unchanged, it signaled accommodative stance...
396 Views
Yes Bank: Beware of Possible Saviors, Underweight State Bank of India’s AT1
If an India-headquartered bank is called upon to take-over all of Yes Bank (YES IN) (YESIN), an unlikely but possible outcome, debt investors in...
893 Views
Punjab National Bank - Pure Filth
Weak Result Even Without Fraud Charge:Punjab National Bank (PNB.IN) [Punjab] reported a net loss of INR 4.9 bn, as a result of weak core...
347 Views
SBI Cards and Payments Pre-IPO - Valuations - A Tale of Two Revenue Streams
SBI Cards (SBIC) plans to raise up to US$1.5bn via selling a mix of primary and secondary shares in its Indian IPO. SBIC is a subsidiary of State...
457 Views
Shriram Transport Finance - Merger Overhang And Decelerating Loan Growth
Earnings Beat on Credit Anomaly: Shriram Transport Finance (SHTF.IN) [Shriram] reported net earnings of INR 8.8 bn. Results improved 38% YOY and...
303 Views