Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The scrutiny is expected to be over this month itself.
Indians face COVID-19 with record debt, stalled income.
Ajay Piramal bets highly on infrastructure, realty
DFS writes to departments that haven't responded to RBI's request for information.
'Life has been full of rewards, full of sadness.'
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
The reforms will help FPOs procure directly from farmers, something that they have been pressing for long.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'
Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.
Modi government has to come up with a robust economic agenda to impress the masses.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Economists expect Modi to announce big-bang reforms.
Experts say only three per cent individuals pay taxes.
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