Bank of Baroda – BOBbing and Weaving
* Ex-DTA, Results Were Awful: Were it not for the enormous utilization of deferred tax assets (DTA) of INR 22.3 bn, Bank of Baroda (BOB.IN) [BOB]...
412 Views
LIC Housing Finance – Capital Concerns
* Poor Results, and Should Be Worse Down The Line: LIC Housing Finance (LICHF.IN) (LIC Housing) reported a weak FY 4Q20 bottom-line of INR 4.2 bn -...
391 Views
Punjab National Bank – This Ain’t Over By A Long Shot
* It Just Keeps Getting Worse: Punjab National Bank (PNB.IN) [Punjab] reported FY 4Q20 losses of INR 7.0 bn, wider than expected and the previous...
534 Views
Muthoot Finance – False Alchemy
*Poor Result All Things Considered: Muthoot Finance (MUTH.IN) [Muthoot] reported FY 4Q20 bottom-line results of INR 8.2 bn, increasing INR 117 mn...
442 Views
IndoStar Capital Finance - Betelgeuse
*Terrible Quarter Likely To Be Repeated: IndoStar Capital Finance (INDOSTAR.IN) [IndoStar] reported a FY 4Q20 loss of INR 4.2bn against a profit of...
368 Views