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Non-bank lenders are also seeking that banks be advised to show leniency towards the financial covenants related to profit and loss accounts along with a carve-out for small and medium NBFCs in the sectoral caps prescribed for the segment.
BHEL gains over 16% on likely surge in demandThe stock, with a dividend yield of 7%, is currently trading at 0.4 times book value.
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… Read MoreHealthcare staying fit offers no immunity to servicesThe fourth quarter performance of companies in this sector has provided a glimpse of what to expect ahead.
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… Read MoreM&M eyes PE funding for EV businessThe company feels it better to stay fully invested in its electric vehicle business.
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… Read MoreChina-linked FDIs look for gaps to stay below radarAccording to Press Note 3 issued by the government on April 17, an entity of a country “which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such … Read MoreAbout 15% of SBI's Mudra loan portfolio turned badThe scheme was unveiled to boost credit flow to the country's MSME sector.
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