Reserve Bank of India – Half Pregnant Again
NBFC Liquidity Not Quite Addressed: In our view, the recent Reserve Bank of India adoption of LTRTO 2.0 only partially address the potential...
365 Views
Manappuram Finance - Locked Down but Not Out
Manappuram Finance (MGFL IN) provided an update on its performance in a conference call yesterday. We think it is interesting because it provides...
436 Views
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...
541 Views
Fitch Downgrade of Indian Fincos
Fitch downgraded the ratings of 3 Indian fincos on March 27 and placed one rating on negative watch. While we recognize the risks associated with...
463 Views
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