India - Na Ren Dra, Sis Boom Bah
* Bring Out the Pom Poms: Prime Minister Narendra Modi finally delivered a headline that the India and the world seem to be applauding – a bold...
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Axis Bank – Preparing For a Long Winter
Results Were Awful: In contrast to 1Q20 Indian bank earnings results to date, Axis Bank (AXSB.IN) [Axis or AXSB] reported a loss of INR 13.9 bn,...
500 Views
Kotak Mahindra Bank – Power Forward
Here’s The Deal: The Board of Directors approved an equity capital raise of up to 65 mn shares – which would imply an INR 73 bn capital raise....
449 Views
Edelweiss Financial – Not A Lot of Confidence
Turnaround Well Out Into Future: Edelweiss Financial Services (EDEL.IN) [Edelweiss] held an investor call. The update was disappointing to say...
494 Views
Reserve Bank of India – Half Pregnant Again
NBFC Liquidity Not Quite Addressed: In our view, the recent Reserve Bank of India adoption of LTRTO 2.0 only partially address the potential...
372 Views