LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
550 Views
Indian NBFCs - Equity Opportunities: Pessimism Bottoming Out, Time to Accumulate
India’s Non-Banking Financial Corporation (NBFC) liquidity crisis needs no introduction. Post the default of AAA rated IL&FS in Sep 2018 and...
617 Views
India - Liquidity Sucks
Don't Count on BPCL Sale; Runway to Get Deal Done Is Short; Plan B - More of a Bait & Switch - is Highly Likely;  Moody’s Rightly Cut...
487 Views
Muthoot Finance – An Oasis In India Financials
Increased risks in India financials abound. This includes dubious auditing work; divergence in bad loans; funding risk; excessive lending growth;...
772 Views
India Liquidity Update: Widening Crisis of Confidence, NBFCs and Developers Struggle for Liquidity
India’s financial markets are witnessing the highest number of liquidity issues since the global financial crisis. These include IL&FS, Dewan...
490 Views