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...
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Indian Banks: Be Mindful of the Negative Asset-Liability Gap in the Short-Term
The coronavirus contagion has put forth multiple challenges for the Indian Banking sector. One of them is the marked divergence in the credit and...
503 Views
Reserve Bank of India – Ooops We Did It Again
* RBI Failure To Think Through Moratorium Lands Them In Court. On September 3, 2020, the Supreme Court of India held a hearing on interest rate...
314 Views
LIC Housing Finance - Positive Operating Deltas
*Solid Numbers For Now: LIC Housing Financing (LICHF.IN) [LIC] reported FY 1Q21 earnings results of INR 8.2 bn, improving INR 4.0 bn (94.0%) linked...
369 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...
353 Views