In this article I will summarize the key metrics that you should study in banking stocks before making an investment. This is third in a series on understanding banking stocks. In the earlier articles I discussed how to read a bank’s balance sheet and also how you can read a bank’s income statement. Net […]
Understanding a bank’s balance sheet
In this article I will take you through the basics of a bank’s balance sheet. Why should an investor consider banks? Good bank stocks can be great wealth creators. For example, HDFC Bank stock traded at Rs. 45.65 (after adjusting for corporate actions like splits) in Dec 2000. Today it trades at around Rs. 690. […]
Raghuram Rajan – a profile in Caravan Magazine
This is by far the most detailed piece on Raghuram Rajan, RBI Governor, that I have read. I liked it. Read it and you will get a glimpse into his thinking. I have read his book Fault Lines earlier. I was impressed with his long-range thinking. His prelude to the financial crisis dates back many […]
RBI governor Subbarao – retirement lecture
In today’s article I am sharing, Reserve Bank of India governor, Subbarao’s lecture, which he made today (29 August 2013). He completes his term and will be replaced by Raghuram Rajan. I feel it is a must read if you care about your money and investments. It gives a good idea about what has happened […]
Good investing reading – 26 July 2013
Good Investing Reading The great Indian listed firm robbery – Business Standard Don’t miss this. It will make you smirk when you read the incredible claim and also lament the state of our capital markets where such things can take place. RBI had no option but to kill the debt fund – Firstpost […]