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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ICICI Bank – Sinking Not Swimming
* Poor Results At A Better Bank: ICICI Bank (ICICIBC.IB) [ICICI] reported a terrible FY 4Q20 result of INR 12.2 bn – declining INR 29.3 bn or 70.5%...
422 Views
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
Muthoot Finance – Goldmember
* India’s Premier Gold Lender: Muthoot Finance Ltd (MUTH.IN) [Muthoot] is the largest gold financing company globally. Gold lenders are direct...
332 Views
India's Bear Stearns Moment
With large parts of India still in lockdown, there have been apprehensions that there could be an increase in corporate defaults, especially from...
853 Views