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While 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 the matter said.
Asian stocks make cautious gains after patchy Wall Street rallyBitcoin, which gained 19.5% on Monday, was down 0.1% at $46,354 as Asian trading got underway.
from Stocks-Markets-Economic Times https://ift.tt/2LFoQaq
… Read MoreBuy a car with bitcoin? Some car dealers were years ahead of Elon MuskDealers said accepting cryptocurrency is a good marketing and branding tool. But it is still a niche business. Price volatility and the absence of trusted banks and other financial intermediaries make bitcoin payments a risk … Read MoreBuy Indraprastha Gas, target price Rs 590: EdelweissIndraprastha Gas Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 38976.04 Crore) operating in Gas & Petroleum sector.
from Stocks-Markets-Economic Times https://ift.tt/3p6vcx1
… Read MoreSGX Nifty up 30 points; here's what changed for market while you were sleepingAsian stocks edged higher on Wednesday, as upbeat Wall Street earnings and optimism about a global recovery supported sentiment, although concerns about the sustainability of a recent risk rally are likely to cap gains.
from… Read MoreCash flush Americans buying shares as pandemic limits spending optionsThe Conference Board's quarterly U.S. Consumer Dynamics Report showed 20% of consumers surveyed in the fourth quarter of 2020 invested in shares of stocks or mutual funds, up from 15% in the second quarter. No data was availa… Read More
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