External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>RBI has approved the re-appointment of Mr. Shyam Srinivasan as MD and CEO for a period of three years, starting from 23rd Sep'21 till 22nd Sep'24. We see this as a positive development as it addresses a key overhang on the management continuity. Moreover the approval for three years has come at a time when the street was expecting RBI to grant only a one-year extension. On the asset quality front, the initial impact of COVID-19 was in check as FB has no big ticket accounts (over INR1b) in its watch list.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

RBI has approved the re-appointment of Mr. Shyam Srinivasan as MD and CEO for a period of three years, starting from 23rd Sep'21 till 22nd Sep'24. We see this as a positive development as it addresses a key overhang on the management continuity. Moreover the approval for three years has come at a time when the street was expecting RBI to grant only a one-year extension. On the asset quality front, the initial impact of COVID-19 was in check as FB has no big ticket accounts (over INR1b) in its watch list.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

RBI approves re-appointment of Mr. Shyam Srinivasan for three years

Federal Bank

RBI approves re-appointment of Mr. Shyam Srinivasan for three years