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The Icon-o-blast

Wednesday, June 1, 2011. Time to take money off the table. Asian paints has rallied 30% in the last two months and is currently trading at 30x FY12 earnings. Time to book profits on this one. Thursday, April 28, 2011. RBI changes provisioning norms for banks. In 2009, the RBI had mandated that all banks should have a minimum provision of 70%. This meant that if a bank had INR 100 crores of NPLs on its books, it should have (from its revenues each year), cumulative provisions of INR 70 crores to cover...

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The Icon-o-blast | theicon-o-blast.blogspot.com Reviews
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Wednesday, June 1, 2011. Time to take money off the table. Asian paints has rallied 30% in the last two months and is currently trading at 30x FY12 earnings. Time to book profits on this one. Thursday, April 28, 2011. RBI changes provisioning norms for banks. In 2009, the RBI had mandated that all banks should have a minimum provision of 70%. This meant that if a bank had INR 100 crores of NPLs on its books, it should have (from its revenues each year), cumulative provisions of INR 70 crores to cover...
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1 the icon o blast
2 no comments
3 interpreting rbi action
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5 older posts
6 the author
7 blogs i frequent
8 curious musings
9 7 months ago
10 nothing spectacular
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The Icon-o-blast | theicon-o-blast.blogspot.com Reviews

https://theicon-o-blast.blogspot.com

Wednesday, June 1, 2011. Time to take money off the table. Asian paints has rallied 30% in the last two months and is currently trading at 30x FY12 earnings. Time to book profits on this one. Thursday, April 28, 2011. RBI changes provisioning norms for banks. In 2009, the RBI had mandated that all banks should have a minimum provision of 70%. This meant that if a bank had INR 100 crores of NPLs on its books, it should have (from its revenues each year), cumulative provisions of INR 70 crores to cover...

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1

The Icon-o-blast: April 2011

http://theicon-o-blast.blogspot.com/2011_04_01_archive.html

Thursday, April 28, 2011. RBI changes provisioning norms for banks. The RBI recently amended norms relating to provisioning for banks. Banks have to make provisions for loans so that in case some of the loans go bad (i.e. the borrower delays payments or cannot pay), the bank can use these provisions as a cushion. These provisions are made out of the earnings of the bank for that year. What does this imply for an equity investor in the banking space? For banks which have had historically low provisioning,...

2

The Icon-o-blast: June 2011

http://theicon-o-blast.blogspot.com/2011_06_01_archive.html

Wednesday, June 1, 2011. Time to take money off the table. Asian paints has rallied 30% in the last two months and is currently trading at 30x FY12 earnings. Time to book profits on this one. Subscribe to: Posts (Atom). Mumbai Police's verification drive for cab drivers. Si Hoc Legere Scis. When I visit the cycle shop. Filimstaan - Why competence is sometimes not enough. A New Republic: An Oral History of the Indian Constitution. Episode 7: A Colony Betrayed. Adieu चवन्नी.

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nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: More Ishiguro

http://nothing-spectacular.blogspot.com/2013/03/more-ishiguro.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Thursday, March 21, 2013. I read Sputnik Sweetheart on a couple of airplane rides on my new iPad. Typical Ishiguro stuff - metaphysical, poetic, abstruse and spooky. The best part about it was that it is short and has a single event as its main plot device. However, two weeks out, I remember it as a bit of mumbo-jumbo. I preferred Dance Dance Dance instead. At least it had a lesson for me! View my complete profile.

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: Must See!

http://nothing-spectacular.blogspot.com/2013/07/must-see_4.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Thursday, July 04, 2013. Reminds me of engineering days :-). Subscribe to: Post Comments (Atom). View my complete profile. Thoughts along the way.

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: January 2013

http://nothing-spectacular.blogspot.com/2013_01_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Sunday, January 13, 2013. Generally speaking, I think I am a happy person. However, sometimes I get really depressed with the state of existence that I inhabit. There is nothing noteworthy or significant in this very unremarkable history of a guy like millions of other guys. What would make me happier? Generosity. I try to be unselfish, and to help people close to me. I am the guy who always will volunteer to su...Or am...

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: April 2013

http://nothing-spectacular.blogspot.com/2013_04_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Saturday, April 06, 2013. I write this on yet another aircraft. In a very difficult position. This is because my little princess is fast asleep on my lap. I have just sung her songs for the past 50 minutes to get her to sleep. I hope and pray she is able to sleep soundly all her life. She is now smiling in her sleep. Probably having a pleasant dream. My heart melts totally and I'm unable to write anymore.

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: February 2013

http://nothing-spectacular.blogspot.com/2013_02_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Wednesday, February 20, 2013. My favourite scene from Skyfall. Monday, February 11, 2013. An ode to gin. Have become gin converts. May the tribe increase! A recent article on the miracle drink and its history -. The exception, of course, is rum, which is made from molasses anyway, and Old Monk has always been justly celebrated as the one really good Indian liquor brand. Are as smooth as you'll get anywhere. I keep h...

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: October 2012

http://nothing-spectacular.blogspot.com/2012_10_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Tuesday, October 30, 2012. Random thoughts as I am forced to sit at home, watching non-stop squalling for the past 24 hours. Has all our goodness and decency really been stripped away? But this is a post about the greatest nation on the planet. India will hobble along in mediocrity, an outcome destined by its citizens' pettiness and selfishness. Tuesday, October 16, 2012. Narendra Modi for PM. The slums along the embank...

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: A nice movie and general rumination

http://nothing-spectacular.blogspot.com/2013/03/a-nice-movie-and-general-rumination.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Wednesday, March 06, 2013. A nice movie and general rumination. I saw Kai Po Che recently and loved it. I haven't read the book, so had no idea of what would happen, or even how it compares to the book. What I liked, apart from the songs (which I think are really brilliant - my daughter concurs wholeheartedly! Was the idea of the main protagonist - your beliefs are worth dying for. Subscribe to: Post Comments (Atom).

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: On an airplane

http://nothing-spectacular.blogspot.com/2013/04/on-airplane.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Saturday, April 06, 2013. I write this on yet another aircraft. In a very difficult position. This is because my little princess is fast asleep on my lap. I have just sung her songs for the past 50 minutes to get her to sleep. I hope and pray she is able to sleep soundly all her life. She is now smiling in her sleep. Probably having a pleasant dream. My heart melts totally and I'm unable to write anymore.

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: July 2013

http://nothing-spectacular.blogspot.com/2013_07_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Thursday, July 04, 2013. Reminds me of engineering days :-). Subscribe to: Posts (Atom). View my complete profile. Thoughts along the way.

nothing-spectacular.blogspot.com nothing-spectacular.blogspot.com

Nothing Spectacular: December 2012

http://nothing-spectacular.blogspot.com/2012_12_01_archive.html

Quixotic, eccentric, humane, philosophical takes on the varying vicissitudes of life. Monday, December 24, 2012. No, this is not a remake of Mithunda's 80s movie (that one had only 2 Dances in its name). I recently went looking in the bookshop for more Kazuo Ishiguro (for details see earlier post on Remains of the Day. But instead found Haruki Murakami. Incidentally, I was in the bookshop again last evening, in front of the same row containing Murakami's other books. I almost bought a few more, but t...

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The Icon-o-blast

Wednesday, June 1, 2011. Time to take money off the table. Asian paints has rallied 30% in the last two months and is currently trading at 30x FY12 earnings. Time to book profits on this one. Thursday, April 28, 2011. RBI changes provisioning norms for banks. In 2009, the RBI had mandated that all banks should have a minimum provision of 70%. This meant that if a bank had INR 100 crores of NPLs on its books, it should have (from its revenues each year), cumulative provisions of INR 70 crores to cover...

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