Demonetisation impact: Money lenders make a comeback.
Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.
'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
New regime on loans to one party to kick in by Apr 2019.
Branch networks will give preference to pensioners and labourers for withdrawing money.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.
According to the Reserve Bank of India, the currency in circulation reduced by Rs 360,700 crore to Rs 1,426,900 crore during the week under review.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
As PM talks of lower lending rates, housing companies prepare to cash in.
'We have collected Rs 83,702 crore in deposits in five days.'
The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
HFCs and banks expect a drop in demand for housing loans in the short-term.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
"Online portals are also bleeding heavily and have huge accumulated losses. There is pressure from investors to cut down on discounting."
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
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