IL & FS Saga in Two Charts
In recent weeks, the Indian financial markets have been rattled by a technical default at IL&FS, an Indian finance conglomerate, and its subsequent 10-notch rating downgrade by the Indian arm of Moody’s.
The two charts in the article might help you draw your own conclusion whether the potential rescue of this private finance company is a good idea or merely kicking the can down the road.
Read the entire article here
About Decimal Point Analytics
Decimal Point Analytics is a financial research and analytics company incorporated in 2003 with headquarters at Mumbai. It is an independent, management owned company, which provides actionable analytics to financial services companies. It offers customized solutions to investment management businesses that address specific challenges. It enables these customers to supplement their operations with additional resources and augment research processes using Artificial Intelligence (AI) technologies like Machine Learning (ML), Natural Language Processing (NLP) and Big Data.
Decimal Point Analytics has presence across four global locations including the United States, UK and India.
5A, B-Wing, Trade Star Building, J. B. Nagar,
Andheri-Kurla Road, Andheri (East),
Mumbai- 400 059, Maharashtra, India.
Tel: +91 22 3001 5200
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