NBFC was already a four-letter word coming into 2020, courtesy DHFL. Then the pandemic brought all economic activity to a screeching halt. Not a great time to ...
Yes bank is doing a Follow On Public Offering (FPO) to raise Rs 15,000 Crs. The price band for the FPO is Rs 12-13 bid in multiple of 1,000 shares. Yes Bank ...
For better or worse, banks take centre-stage during testing times. Times like now separate the wheat from the chaff. Today we look at Axis bank – which ...
State Bank of India (SBI) for the quarter ended March 2020 reported 2.93% YoY income growth and nearly 5x YoY Net profit growth, to Rs. 3,581 cr. Lower ...
Vedanta Limited recently announced it has received intent from its promoter to delist the company. Put simply, the majority owner of the company has made an ...
Kishore Biyani’s company, a holding company of the Future Group, has recently defaulted on a loan payment. The Future group owns the well-known retail ...
Oil is the one commodity which impacts every consumer across the world. But something astonishing happened with oil in last couple of weeks. Oil prices went ...
Non Banking Companies are struggling with the lockdown cutting into their cash flows – they have to give their customers a moratorium of three months ...
The Yes Bank fiasco made all the other smaller private banks look bad. We think, unfairly, which is the point of this post. Yes Bank had undisclosed NPAs. ...
We saw the Additional Tier 1 Bonds in Yes Bank written to zero (proposed) and this has led to uncertainty in the bond market. The Basel III norms clearly ...
