Housing Development Finance Corp. - Provision Buffers Simply Do Not Exist
*Weak Results Will Continue For Some Time: Housing Development Finance Corp. (HDFC.IN) [HDFC] reported FY 4Q20 profits of INR 22.3 bn – missing...
434 Views
Bajaj Finance - Shocking Net New NPL Increase
* Positive Operating Jaws, Despite Hefty Provision: Bajaj Finance (BAF.IN) [Bajaj] reported operating profits for FY 4Q20 of INR 891.6 mn –...
217 Views
Kotak Mahindra Bank – Not Terrible…Yet
* Not The Worst We Have Witnessed: Kotak Mahindra Bank (KMB.IN) [KMB] reported FY 4Q20 results of INR 1.9 bn, declining INR 443.5 mn (18.9%) linked...
416 Views
India - Na Ren Dra, Sis Boom Bah
* Bring Out the Pom Poms: Prime Minister Narendra Modi finally delivered a headline that the India and the world seem to be applauding – a bold...
373 Views
ICICI Bank – Sinking Not Swimming
* Poor Results At A Better Bank: ICICI Bank (ICICIBC.IB) [ICICI] reported a terrible FY 4Q20 result of INR 12.2 bn – declining INR 29.3 bn or 70.5%...
406 Views