Bank Credit Weekly: FOMC Meeting May Determine Near-Term Risk Sentiment
Weakening oil prices, a flattening US$ yield curve and rising Eurodollar futures together point to a decline in economic demand prospects combined...
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Edelweiss Financial Services – Better, But Still Bad
*Dreadful Bottom-line Continues: Edelweiss Financial Services (EDEL.IN) [Edelweiss] reported a consolidated loss of INR 2.6 bn (post minority...
518 Views
State Bank of India – YES We Can
*CRISIL Upgrade Of YES: CRISIL (formerly Credit Rating Information Services of India Limited) [SPGI. US] recently upgraded the rating on Yes Bank’s...
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Axis Bank: Senior Is Out of Alignment; Go Overweight
We recommend that investors overweight Axis Bank's (AXSBIN) 3% coupon 2022 maturity US$-denominated Senior Unsecured bond. This security trades...
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Shriram Transport Finance – Significant Reserve Shortfall
*Better Stated Results Not All What Cracked Up To Be: Shriram Transport Finance (SHTF.IN) [Shriram] reported FY 1Q21 results of INR 3.2 bn,...
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