The non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors.
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
We should brace ourselves for more bad news in the coming quarters -- on economic output and growth, strains on the fiscal deficit, export slowdown, small and micro enterprises in distress, and further accumulation of NPAs in the banking sector, says Rahul Khullar.
Providers write to Sebi, FinMin; launches may hit pause.
This would be a 10-fold jump from $10-12 bn raised a year from Indian markets over past 2-3 years
Also says PSU banks divestment to be considered after improvement in governance
Nifty has a virtual monopoly in the index derivatives segment.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Venture capitalists Adam Wolfensohn and Ameya Bijoor tell Anjuli Bhargava about the kind of investments and companies they are looking to invest in.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
The final guidelines should be there in 3-4 months.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
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