It wasn’t for select investors only ,every one who wish to join were allowed to join the call.
I have joined the call and hence sharing it
Earlier Gill was confident on full recovery from ADAG, don’t know what went wrong!
Gill in his last interview didn’t gave importance to Indiabulls exposure, so its seems not a major problem and is exaggerated by businesstoday.
Guys, any idea how they come up with these reports. I mean, which bank exposure to whom. I went through Sbi, yes and India bulls latest annual reports and I couldn’t find this info.
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Article with some ref points to historical bank Crisis. People may always share views largely based on bias. This share is just for informative purpose.
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Why there is delay in result? Meanwhile analysis of edelweiss is very fearful, according to them there will be loss of 1900 cr with asset quality worsens.and higher slippage
What do you mean by delay. Last year they declared Q2 results on 25th October. Have they given a date for this year? I read 29th October on MMB but not sure about it.
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When Sunil Munjal was asked about the matter, he said that his policy is to never comment on speculation and he is not going to do that in this case as well. Bharti Spokesperson, on the other hand, said, “We strongly deny these baseless rumours. Mr Sunil Bharti Mittal has no plans to make any investment in Yes Bank.”
All parties denied stake sale, still huge buying done today! Something is cooking!
The reason of buying is due to Altico debt restructuring plan submitted is what I heard…
Altico owes only 400 cr to Yes Bank.
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https://www.newsclick.in/family-yes-bank-promoter-involved-indiabulls-case
everyday some or other news
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Rana Kapoor got his own taste of medicine, seeing all this, i feel RBI is very generous that they didn’t sack him earlier. Shareholders should file a case with SEBI to claim their losses from RK, his all assets should be frozen and distributed among shareholders
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Anyway, good that his all holdings are sold off now, this news could have brought a sharp fall if he could have been promotor.
Madam Latha Venkatesh is not aware of the picture in International lending markets, in point #7.
A fully secured (with compulsory loan insurance and house insurance) home loan costs 2.15% in a developed EU economy even with historic low of -0.5% ECB rate.
source: https://www.actuelerentestanden.nl/pages/rente/hypotheekrente/rabobank.asp?s=2&n=1#goto-table
This is the rate for the typical 20 to 30 year repayment period for a middle-class buyer in Netherlands.
Paying more by mortgage allows to lower income taxes, so the most favored option.
Banks LOVE mortgages.
US is higher in the interest rates.
Which sub 1% economy is she talking about?
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