Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
Mutual Funds continued to be net buyers to the tune of Rs 3,179 crore (Rs 31.79 billion) in the secondary market compared to a net buyer position of Rs 64 crore (Rs 640 million) in May, a study by fund evaluation and risk solutions provider Crisil FundServices stated. Fund houses have made net equity purchases close to Rs 7,614 crore (Rs 76.14 billion) till June end this year.
Expressing concern over high debt exposure of many companies in India, global rating agency Standard & Poor's on Tuesday warned India Inc that high oil prices can trigger inflationary pressures, trim corporate profits and slow down industrial activit
The capital infusion would help improve the financial health of banks. While some banks would get necessary regulatory capital while others would get it for fueling growth.
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
Crops including fruit, vegetables account for 60% of GDP in agriculture, forestry, fishing sector.
The government's decision to put on hold even limited cuts in ration shop entitlements spells trouble for any future attempts to target subsidies.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
National Textile Corporation has shortlisted three firms as advisors to revive 29 of its mills through private participation.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.
Roads account for the second largest amount of bad loans.
HDFC Multiple Yield - Plan 2005 attempts to lower interest rate risk in its debt investments by locking the yield of the debt paper at the time of launch
The general nervousness because of the IL&FS default will prevail in the system for now.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
About 25-30% of total units launched are unsold across country.
Global Data Services of India, a wholly owned subsidiary of CRISIL, has launched the second edition of 'Accounting & Analysis - The Indian Experience'.
According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
According to the research arm of the country's largest lender State Bank of India, with stability in the currency, the RBI Governor is likely to lower the marginal standing facility rate, at which the RBI lends to the banks, once the lenders exhaust their overnight repo borrowing limits.
Credit rating agency Crisil observed in its report that some 'high frequency indicators go out of whack' as credit growth and service tax collections are not in tune with the CSO's growth projections.
SpiceJet COO says ATF price cut is need of the hour.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
Crisil has assigned corporate governance 'CG' and value-creation rating 'GVC level-1' to Infosys, indicating the highest capability to create wealth for stakeholders while adopting corporate governance practices.
The marginal rise in June headline inflation to 4.9 per cent may be a precursor to a pronounced increase in the coming months and RBI is unlikely to cut rates at the forthcoming policy meet on July 30, say analysts.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
