State Bank of India – The Hits Just Keep On Coming
* Two Hits In Two Weeks: State Bank of India’s (SBIN.IN) [SBI] recent results announcement and Punjab National Bank’s (PNB.IN) [PNB] lending fraud...
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Bandhan Bank IPO Preview: Poor People, Rich Returns
Bandhan Bank is a commercial bank focused on microfinance services in the underbanked and underpenetrated markets in India. Bandhan is targeting a...
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India's 7th Rate Cut, HDFC's Defiant Loan Growth
India has cut interest rates again. The successive multiple rate cuts suggest to us that all is not well in the India economy. There will be...
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SBI: Rises Above the Law as It Complies with RBI's Merger Dictate
The Reserve Bank of India's (RBI) recent circular requiring banks to disclose divergence in NPL classification and provisioning caused a lot of...
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Axis Bank's 46% NPA Growth in Three Months Is Real
Make no mistake about this headline: the growth rate of new NPAs in 90 days at Axis Bank was 46%. There is no typo here. What matters is that this...
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