Bank Credit Weekly: Duration Admiration
We moved from melt-up to full risk-on duration admiration. Almost all bank bonds tightened globally. Given the rate of change, there are mispriced...
256 Views
Smartkarma Webinar | Light & Shadow: Disclosures and Governance in Indian Banks
On 24 Feb, 5PM SGT, join us as we discuss with Hemindra Hazari on Indian banks, including differing disclosures in Yes Bank and Axis Bank, as well...
700 Views
Bank Credit Weekly: Melt-Up in Asset Prices or Melt-Down in Conviction?
Melt-up in asset prices or melt-down in conviction? Short callable AT1 bonds led the ongoing rally in bank credit. Tier 2 bonds suggest more of a...
179 Views
DBS Group Holdings – COVID & India Not A Good Combo
DBS GROUP HOLDINGS: DBS reported a 4Q20 results decline of 22.0% linked quarter. Results remain troubling across the board. India deal poses...
225 Views
State Bank of India – Bad Credit
STATE BANK OF INDIA: SBI reported FY 3Q21 result increase of 22.1%) linked quarter led by a completely unwarranted 58.1% decline in provisions and...
179 Views