State Bank of India – On The Hook
STATE BANK OF INDIA: Yes Bank reported FY 3Q21 core operating losses INR 3.8 mn. Net new problem loan annualized growth rate of 99.5% and reserve...
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Federal Bank – Deserving No Credit
FEDERAL BANK: FB FY 3Q21 bottom-line results improved 31.4% linked quarter, as it dropped its provision 29.0% despite its annualized net new...
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Bajaj Finance – Credit Disaster
BAJAJ FINANCE: BAF FY 3Q21 results increased 18.8% linked quarter, driven by a 20.5% drop in provisions despite a 123.4% increase in NPLs. We...
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L&T Finance Holdings – Credit Risk Jeopardizes Bank License
L&T FINANCE: LTFH reported a FY 3Q21 result increase of 9.8% linked quarter. Continued acceleration of net new NPL growth and a reserve shortfall...
415 Views
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...
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