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» ETMarkets Morning Podcast: 34 new-age stocks may soon join F&O club
ETMarkets Morning Podcast: 34 new-age stocks may soon join F&O club
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IDBI expects 2% of small borrowers to opt for recastIDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at the end of Q4. The net non-performing loan ratio improved to 1.97 per cent. from Stocks-Ma… Read More
Wall Street giants get swept up by India’s brutal Covid waveIndia’s outbreak has intensified even as vaccination drives fuel economic recoveries in other parts of the world, heightening fears of a back-office bottleneck at a time when Wall Street firms have rarely been so busy. from … Read More
Carlyle arm CA Emerald to sell 3.5% stake in SBI LifeThe Washington-headquartered buyout group had acquired a 9 per cent stake in SBI Life Insurance in March 2019 for about $652 million in one of its biggest investments in India. The private equity firm purchased the stake from… Read More
FPIs switch to ‘defensives’ with Covid 2.0 taking a tollSo, consumer staples and IT are featuring more prominently on FII buy lists while BFSI and autos get the short shrift. Overseas investors bought $376 million (Rs 2,800 crore) and $201 million (Rs 1,517 crore) worth of consume… Read More
Will the RBI liquidity window turn small banks big?According to industry captains, the new facility would help them to get about 1-1.5% positive carry on the borrowed fund, even after investing the same amount into government securities as mandated by the central bank. from … Read More
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