Are IndusInd Bank’s Credit and Risk Departments Run by Financial Illiterates?
Indusind Bank, one of the stock market darlings and foreign investor favourites, startled the capital market with a mere 5% rise in net earnings....
3k Views
Extraordinary Indulgence: RBI Lets Kotak Write His Own Timetable
A staggering notional loss to non-promoter shareholders in a bank, and corresponding gain to the promoter, should normally be a matter for speedy...
1.1k Views
CreditAccess Grameen IPO Review - Needs to Diversify, But, Growth & Operating Metrics Beat Peers
CreditAccess Grameen (1574131D IN)Â (CAG) is raising about INR11,000m in its upcoming IPO. The IPO comprises the sale of about 11.8m shares of the...
677 Views
IndusInd Bank (IIB IN): NIM Concerns Overdone
Earnings grew 24% YoY for 1Q19, in-line with consensus expectations driven by loan growth of 29% YoY and benign credit costs of 14 bps. Corporate...
509 Views
India – Higher USD Debt with Weakening FX Rate Is Not a Good Combination
The INR (USDINR CURNCY) reached a new low at INR69.1 to the USD. This is despite the Reserve Bank of India’s (RBI) rate rise several weeks ago. ...
489 Views