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The firm said a lack of product pull could drive discounts higher and volumes lower, offsetting the management’s cost-cutting effort and leading to disappointment on free cash flows, which JLR can ill-afford due to its leveraged balance sheet.
Ensure business continuity, credit flows: RBI to BanksRBI Governor Shaktikanta Das told bank chiefs Monday to ensure business continuity and credit flows to underpin the nascent economic recovery even as an alarming second wave of infections is raising afresh disruption risks in… Read MoreCentral Bank to offer more to the ‘vaccinated’Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens who got vaccinated. Senior citizens to get an additional 25 bps.
from Stocks-Markets-Economic Times … Read MoreNo RTGS service for 14 hours on April 18"RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, April 18, 2021. The NEFT system will continue to be operational as usual during this period," the RBI release stated.
from Stocks-Markets-Economic Ti… Read MoreFinMin takes stock of stress in MFI loan bookMicrofinance portfolios in Gujarat, Rajasthan, Uttar Pradesh and southern states are performing fairly well if one goes by the credit bureau report, said MFIN chairperson Manoj Nambiar. “But stress is more visible in some sta… Read MoreBuy or Sell: Stock ideas by experts for April 12, 2021
from Stocks-Markets-Economic Times https://ift.tt/3d9sCDZ
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