Bank Credit Weekly: Risk-On Until Hong Kong
Almost all Asia-headquartered bank bonds tightened in this week’s risk-on environment. However, Friday’s jump in Hong Kong's inter-bank rates...
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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 –...
273 Views
Bank Credit Weekly: Insight 2020 Update on Contingent Capital – CCB (Asia) Curve Value
In preparation for Insight 2020, we change it up this week and update several charts that we will discuss during the event. Notably, we find that...
327 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...
471 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%...
469 Views