ICICI Bank Company News risk; icici bank, HDFC among top picks: CLSA. CLSA. 06 Jun.news, Company news and announcements, ICICI Bank company latest article and updates, company results, business news on Moneycontrol.. DHFL’s default can accentuate contagion
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DHFL, which defaulted on repayment of bonds of Rs 1000 crore, has AUM. could accentuate contagion risk in the financial sector leading to higher. and IndusInd Bank have relatively higher exposure, said the CLSA report.
In a similar context, global financial major CLSA said that the default "could also accentuate contagion risk in the financial sector (in the backdrop of IL&FS default last year) leading to.
CLSA feels asset sales will be key to prevent defaults by DHFL, "Public sector banks (psu banks) are also among the key lenders and. "This default could also accentuate contagion risk in the financial. to pare stake in the company with Apollo Global, ICICI Venture-backed Aion. Vacuum at top in IOB.
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· > DHFLâs default can accentuate contagion risk; ICICI Bank, HDFC among top picks: CLSA DHFLâs default can accentuate contagion risk; ICICI Bank, HDFC among top picks: CLSA June 6, 2019 Latest news kaushal
The recent default of around Rs 1,000 crore by Dewan Housing Finance (DHFL) on interest payment to its debenture-holders can accentuate a contagion risk and expose Rs 1-trillion in borrowing to risk of default / haircuts, says a recent report by global research and brokerage firm CLSA.
CLSA on Eicher Motors. DHFL's default can accentuate contagion risk. over NBFCs; ICICI, IndusInd, HDFC & ICICI Lombard are top picks.
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