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Non-bank lenders have been included in essential services by the central government in an order passed in April 2020. NBFCs specifically cater to to the small truck or commercial vehicle operators, ,farmers, medium and small enterprises and the lower strata of society who don’t have access to digital platforms to carry out daily transactions.
Record valuations raise alarm in India’s frenzied stock marketThe nation’s central bank governor warned earlier this week about the rally, citing the disconnect between the markets and the economy as well as expectations bad-loan ratios at lenders will almost double this year.
from St… Read MoreETMarkets Morning Podcast: Industrial output slows in November
from Stocks-Markets-Economic Times https://ift.tt/3bAJl2G
… Read MoreBuy or Sell: Stock ideas by experts for January 13, 2021
from Stocks-Markets-Economic Times https://ift.tt/3qiQjNw
… Read MoreBudget 2021: Spend, as there is tomorrowBut increase spending on what? There are just two areas where GoI should focus: income support and public health. At the risk of sounding like a broken record, despite the expected double-digit growth next year, the level of … Read MoreBharti Airtel stock surges on nod for higher FPI in armsThe stock gained as much as 6 per cent intra-day before ending up 2.2 per cent at Rs 578.25. From its March 19, 2020 low of Rs 381.05, the stock is up nearly 52 per cent.
from Stocks-Markets-Economic Times https://ift.tt/38F… Read More
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