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Analysts said the company has been able to arrest the slide in asset quality after a deteriation in the nine months of the fiscal. Gross NPAs had increased to 5.9% in December from 5.1% in September 2020.
Measures like tax relief may not be of much help to realtors, say industry bodiesIndustry lobby groups Naredco and Credai said a one-time loan restructuring and a simpler process to avail of last-mile funding would help revive the sector rather than the tax exemption in the latest relief package.
from St… Read MoreAsian stocks hit record peak as vaccine hopes dampen virus fearsMSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
from Stocks-Markets-Economic Times https://ift.t… Read MoreGot lucky, got it right: How newbie stock jocks beat the marketThe question of how it happened is moot to the winners. What matters are returns, which for day traders are high. At the same time, in the age of behavioral economics, the financial world is obsessed with diagnosing the biase… Read MoreBanks and tech stocks net 70% of FPI inflows in OctoberFPIs put Rs 3,327 cr into technology shares in October as the companies are cash-rich and their earnings have been resilient even when the disruptions on account of Covid-19 dragged down other sectors.
from Stocks-Markets-Ec… Read MoreLaser focus on costs has brightened the 2021 outlook for stocks“I feel quite optimistic that we’ll be back to earnings levels that are the highest on record again” by mid-year, said Peter Garnry, head of equity strategy at Saxo Bank A/S. Underpinned by massive fiscal and monetary stimulu… Read More
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