Bajaj Finance – Near-Term Pressure, Long-Term Winner
* Solid Franchise: Given the economic uncertainty, which will ultimately challenge credit costs and growth for Bajaj Finance (BAF.IN) [Bajaj], we...
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Reserve Bank of India – Zero Forethought
* Instead of Applause, Throw Tomatoes: The call for a 21-day nationwide lockdown to contain the corona virus, has caused a massive liquidity drain...
398 Views
RBI - Desperate Times Call For Desperate Measures
Regulatory Forbearance for Real Estate Developers: Although we await the final guidelines, the RBI is permitting the commercial operations of real...
380 Views
Shriram Transport Finance - Merger Overhang And Decelerating Loan Growth
Earnings Beat on Credit Anomaly: Shriram Transport Finance (SHTF.IN) [Shriram] reported net earnings of INR 8.8 bn. Results improved 38% YOY and...
398 Views
LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
544 Views