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PNB’s chief executive SS Mallikarjuna Rao is expecting a positive note from RBI soon. “It’s not that the issue is stalled or there is no communication. The regulator was seeking details on the bank’s capital position and capital raising plans,” he said.
Top 100 wilful defaulters owe lenders Rs 84,632 croreWhile banks wrote off nearly three-fourth of it to clean their balance sheet and get tax benefits, the default borrowers continue to appear in RBI's internal CRILC database till they clear the default, people familiar with th… Read MoreAsian shares near all-time peak, oil heads to $60/barrel on economic revival hopesJapan's Nikkei climbed 0.3% while Australian shares advanced 0.5% led by technology and mining shares.
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… Read MoreFPI holdings hit a 5-year high in December quarterValuations have been a concern for a while, particularly among foreign investors, but they are still bullish on Indian stocks, said fund managers.
from Stocks-Markets-Economic Times https://ift.tt/3cOANFU
… Read MoreNifty closes above 15,000 but may face bumps aheadExperts said there’s growing discomfort over market valuations, traditionally measured by the price-to-earnings ratio. At 22.1 times, the Nifty’s 12-month forward PE is at a 44 per cent premium to its 15-year average, near al… Read MoreStocks in focus: Divis Lab, JK Cement, Jindal Saw, Ashoka Buildcon and Affle
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