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Data with the central bank showed that ICBC is steadily moving away from term loans.
RBI could pay govt more despite fall in interest and forex incomeThe Reserve Bank of India may have accumulated a record high foreign exchange reserves, but it is a losing proposition given that a nearly 25 percent jump in fact led to a fall in returns by nearly a fifth. Returns on reserve… Read MoreNifty may see some selling post stricter curbsAnalysts expect a weak opening on Monday as a big chunk of the surge in coronavirus cases in the country has been coming from the state but losses could be limited unless other states follow suit on the lockdown.
from Stocks… Read MoreEqual weight Nifty hints at broad-based rallyNifty 50 delivered a return of 53 per cent between 2016 and 2019 owing to the sharp outperformance of index heavyweight Reliance Industries, while the Nifty50 equal index had an unimpressive return of 28 per cent in the same … Read MoreAU, Info Edge among top April betsAU Small Finance Bank became a part of the Bank Nifty from Wednesday, which has sparked bullish positions in the bank. "AU is coming into the Bank Nifty now. That's why it seeing a high open interest," said Chandan Taparia, d… Read MoreYear-end system work delays UPI, IMPS transactionsBank systems were clogged due to year-end system maintenance. Transactions were delayed for more than 24 hours, which otherwise would have been possible in a few seconds. Customers of top banks with large retail interfaces ar… Read More
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