The Credit Linked Subsidy Scheme will reduce your outstanding loan amount, and hence EMIs, right from the start of the loan tenure
It may be time to link the higher deposit insurance cover and the way co-operative banks and select non-banks raise retail resources, writes Raghu Mohan
Interest rate ceiling for NBFCs loan at 12%; caps are much lower than the normal interest rates charged by these lenders
PE, VC funds domiciled in the island nation on the radar
While these measures will help ease asset risks for the financial sector, they will not fully offset the negative impact from the coronavirus outbreak, Moody's said
HDFC's share price were down almost 8 per cent to Rs 1,512
Going ahead, the government could design specific schemes to help MSMEs modernise technology and obtain quality certification
While we await full details and the implementation of the announcements, some of the policy steps to improve funding access to non-banking financial companies (NBFCs) are positive
Relaxation in the two segments is positive of asset quality recovery, but investors should await clarity from post-results commentary
Experts say fund houses preferred to sell bonds to banks, instead of borrowing
Experts believe spreads will contract as the credit lines start getting utilised, and banks regain confidence about NBFC papers for the long term
On the sectoral front, barring FMCG and pharma, all the indices on the NSE traded weak. Global cues, too, dented sentiment
Finance Minister Nirmala Sitharaman announced a major liquidity boost of Rs 75,000 crore to NBFCs and microfinance institutions (MFIs).
Govt measures will also help to kick-start financial activity during the pandemic, says TVS Motor chairman
It is important to wait for the entire package to come to see if the measures will improve demand in the economy in any manner
A lab experiment suggests cats can spread the new coronavirus to other cats without any of them ever having symptoms
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
Addressing a virtual conference organized by All India Management Association (AIMA), the CEA said the economy will witness a V-shaped recovery
Home buyers, on the other hand, will have to wait longer to take possession
Investors may pause to see the entire scheme of funding, and impact on bonds