In addition, there's also growing stress in the bank's SME (small and medium enterprise) loans, a segment which was fast growing until FY20
He also reiterated that the Insolvency and Bankruptcy Code (IBC) is not a recovery mechanism for lenders, but rather a means to preserve the value of enterprises
A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years
While corporate loans shall be restructured, retail and SME loans are at lenders' discretion
Think of it as the art market's version of the popular trading platform Robinhood Markets, which lets users buy a fraction of a company's share for a few dollars
The repealing of certain sections of the MMDR Act amounting to cancellation of mining leases already granted would send a wrong signal to both domestic and global investors, said FIMI
Chris Wood expects the recently concluded quarter to mark the bottom of the economic contraction
Continued automation and improvement in technological and service capabilities to help sail through the current crisis, but high valuation a hurdle
The acquisition of Future Group's 2,000 retail stores and Big Bazaar grocery chain will help Reliance, which sells everything from groceries to electronics
UP wooing corporations exiting China after Covid-19, US-China trade war
The brokerage believes investors can invest in holdcos to diversify risk
At present SEBI rules require standalone financial information for at least last three years and auditor qualifications from the entity seeking to issue NCDs
Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors.
Avoid venturing into funds whose average maturity exceeds three-four years
Down-trading and Covid impact on rural demand are downside risks
Concerns remain over asset quality of non-gold biz
The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.
Eliminate all those funds from your selection universe where the expense ratio is extremely high
47% of the $10.7 bn invested between 2010 & 2019 has come in last two years
Analysts at ICICI Securities expect the company to outperform the underlying market due to rising revenues per vehicle, new order wins and focus on being a solutions provider