Edelweiss is one of India’s leading diversified financial services Group. Edelweiss offers a large range of products and services spanning across asset classes and consumer segments.
Its businesses are broadly divided into Credit including Retail Finance and Debt Capital Markets, Commodities, Financial Markets, Asset Management and Life Insurance.
Digital insurer Edelweiss General (EGI) has announced that it has extended its Group Health Insurance policy to include members of the LGBTQIA+ community. EGI’s revamped group health policy now covers both LGBTQIA+ and unmarried partners (partners of same or other gender, who may be living in... (more)
The first company to introduce usage-based motor insurance in India with the launch of SWITCH in 2020
First in India to introduce both Pay as You Drive and Pay How you Drive with SWITCH 2.0
Drive less pay less; Drive better pay less with SWITCH
Edelweiss Financial Services Limited, India’s leading diversified financial services company, declared its unaudited, consolidated results for the second quarter of FY16, ended 30 September 2015 today.
Comments from Sahil Kapoor, Chief Market Strategist, Edelweiss Financial Services on RBI Credit policy:
The Reserve Bank of India adopted a slightly dovish stance than its last policy meeting and indicated continuation of accommodative monetary policy. Inflation projections f... (more)
Edelweiss Financial Services Limited, India’s leading diversified financial services company, declared its unaudited, consolidated results for the first quarter of FY16, ended 30 June 2015 today.
Q1FY16 Highlights:
- Total Revenue Rs. 1,168 cr (Rs. 815 cr for Q... (more)
Edelweiss Financial Services Limited, India’s leading diversified financial services company, declared its audited, consolidated results for the Financial Year 2014-15 ended March 31, 2015 today.
FY15 Highlights:
Total Revenue Rs. 3,912 cr (Rs. 2,556 cr for F... (more)
Yes Bank continued its exemplary show, Q4FY15 PAT surging 28% YoY, which was commendable amidst the INR500mn provision for counter-cyclical buffer, adjusting for which growth would have been upwards of 35%. Key highlights were: 1) core operating performance continued to impress with NII rising 36% ... (more)
LIC Housing Finance’s (LICHF) Q4FY15 PAT, at INR3.78bn, came in line with estimate. Numbers, qualitatively, held in good stead with healthy disbursement growth riding continued traction of >20% in individual segment (albeit, marginally below estimate on slower-than-anticipated growth in co... (more)
Reliance Industries (RIL) clocked record numbers with Q4FY15 consolidated PAT at INR63.8bn (up 9% YoY, 21% QoQ), 6% ahead of our estimate. GRMs jumped to USD10.1/bbl due to lower oil price and higher crack spreads. Polymer and polyester deltas have normalised following sharp spurt in Q3FY15. Key up... (more)
Macro Trends
Economic activity indicators remain mixed. IIP is now improving on a trend basis. However, industry oriented indicators namely cement and steel production and consumption oriented such as auto sales, 2 wheeler sales are slowing down. Further some of the services indicato... (more)
