India: The Indian Rupee – Next Stop INR 70/USD, G-SEC 10-Year Yield – 8%
Since the publication of our January 2018 report, the spread between one-year Indian G-SEC and the U.S. Treasury has declined approximately 50bps....
286 Views
HDFC Bank – New Pillar 3 Disclosure Reveals Broad Based Credit Quality Deterioration
With its latest results, HDFC Bank Limited (HDFCB IN) shows sharp deterioration in credit quality. We turn its Pillar 3 disclosure to better...
482 Views
HDFC Bank – Granular NPL Data Worries
HDFC Bank Limited (HDFCB IN)Â reports substandard loans at INR57.2 billion in 3Q18. The increase QoQ is substantial at nearly INR5 billion. With...
371 Views
The Reserve Bank of India–Between a Rock and a Hard Place, Higher Yields & Higher NPAs Forthcoming?
The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous,...
247 Views
HDFC Bank: 138% Higher Provision Costs
While the market may have liked the HDFC Bank numbers, to us the figures show that there is indeed inherent weakness coming through. The third...
339 Views