Yes Bank, Yes Reconstitution: Re-Racking Our Buy Senior Recommendation

India-Headquartered Banks: Yes-Stressed Deposit Flight Simulation

India-Headquartered Banks: Missing Deposit Miasma 1-Year After Yes Bank’s Silent Run

Gravity Works As WeWork Doesn't; Now Plan B

Financials Credit Analyst

Hank Calenti, CFA

CreditContinuum

Credit

<p style="text-align: justify;">The news here is not that a foreign bank is investing in India. The issue is the value of the option that was just wasted. The fact is this transaction removes a major contingent investor from the rescue pool, and it signals the unwillingness of large, high quality, foreign banks to make significant investments in the financial system.</p><p style="text-align: justify;">We have more questions than answers at this point in time; however, the prognosis for the banking system is not great. This is bad news for other struggling financial institutions in India, including the non-bank sector.</p>

The news here is not that a foreign bank is investing in India. The issue is the value of the option that was just wasted. The fact is this transaction removes a major contingent investor from the rescue pool, and it signals the unwillingness of large, high quality, foreign banks to make significant investments in the financial system.We have more questions than answers at this point in time; however, the prognosis for the banking system is not great. This is bad news for other struggling financial institutions in India, including the non-bank sector.

Lakshmi Vilas Bank: DBS Rescue Is a Wasted Option