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Kumar had little hesitation in accepting the position of chief executive officer of Yes Bank Ltd., the lender that was teetering on the edge of insolvency before being bailed out that month at a cost of $1.3 billion.
Growth outlook improving, unwise to bet against marketIndian markets are up over 80 per cent from their March lows and cruising at record high levels on news of vaccine development to treat the coronavirus and easy money policies of global central banks.
from Stocks-Markets-Eco… Read MoreStocks in the news: L&T, Info Edge, Axis Bank, BPCL, SpiceJet and BEMLBPCL board has approved buying out Oman Oil Company's stake in the Bina refinery project in Madhya Pradesh on mutually agreeable terms.
from Stocks-Markets-Economic Times https://ift.tt/3p5l3RU
… Read MoreL&T slated to win Rs 13,000 cr HPCL JV ordersHPCL Rajasthan Refinery, a joint venture between state run-Hindustan Petroleum Corporation (HPCL) and the government of Rajasthan, which is setting up a 9 million ton per annum refinery-cum-petro chemical complex in the Barme… Read More‘Govt to push use of co-origination to finance MSMEs’Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in a collaborative effort.
from Stocks-Markets-Economic Times http… Read MoreAxis Bank expects its retail NPAs to spike in Oct-March“While the stress is much lower than what we had envisaged, these numbers will be higher than what we saw last year. It is getting better for us but since there was stock we will see stress in Q3 and Q4,” Sumit Bali, head of … Read More
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