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Banks have been advised to be ready with the list of borrowers who will be eligible for one-time debt restructuring under a special window opened by the Reserve Bank of India (RBI) to tackle stress due to the Covid-19 pandemic.
Sensex Stocks: How Budget altered their horizonAN EXTENSION of additional tax deduction on affordable home loan to aid business growth. Focus on infrastructure improvement bodes well, given the bank’s exposure to corporate loans.
from Stocks-Markets-Economic Times https:… Read MoreBudget bump: Top infra stock picks from top brokeragesThese measures bode well for infrastructure companies with funding having been a key constraint over the years.
from Stocks-Markets-Economic Times https://ift.tt/36BvUw0
… Read MoreWhy markets liked the Budget? Here's what top brokerages sayMorgan Stanley has raised its 2021-end Sensex target to 55,000 from 50,000, which means a potential gain of 10% from current levels. The Sensex has surged 7.6% in the last two sessions and Nifty has gained 7.4%, recovering ne… Read MoreHDFC Q3 profit up 27% after adjusting for one off gainsIn the quarter ended December 2020, HDFC’s profit was helped by a 26 per cent year-on-year increase in loan disbursements to individuals.
from Stocks-Markets-Economic Times https://ift.tt/3oJeofw
… Read MoreGovt’s dividends from RBI, PSBs may drop in FY22The government has budgeted Rs 53,511 crore in FY22 as dividend receipt from the RBI, nationalised banks and financial institutions, 40% less than the initial budget estimate of Rs 89,649 crore for FY21 and about 14% less tha… Read More
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