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Thursday, March 5, 2020

YES Bank: A Trade buy for State Bank of India?   Link

If YB's liquidity is the primary issue, it would have secured outside funding. When that failed, Govt hastened a deal with SBI et al. But, SBI can not ignore YES Bank's near-zero net worth and will not invest unless there is something for them, like sharing of YB's technology, rapid expansion, and strong growth prospects. YB's investors are getting carried away and who can blame them! As of now, we don't know what the deal is worth, all the parties involved, and details like, is SBI contemplating a merger or a stake buy.

China-Pakistan Nuclear Proliferation: What difference does this make?

IMO, it makes no difference. It is though a bludgeon to bash these deviant and miscreant countries and their poisonous narrative, in all forums, mindlessly and repeatedly as they do you. Ian era of paid media, fake news, fake victimhood, and popular mass delusion, there is no solid middle ground. The news report feels it will undermine attempts to equate India and Pakistan Nuclear missile programs and it may somehow bolster India's chances of getting entry into NSG as a full nuclear state. It thinks it opens China and Pakistan to serious consequences for violating the Nuclear Non-Proliferation Act.

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