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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.
There’s a mindset change towards pragmatic reformsA crisis presents the opportunity to pump-prime the economy without worrying about fiscal deficit and inflation.
from Stocks-Markets-Economic Times https://ift.tt/2MGN9VK
… Read MoreStocks in the news: NTPC, RIL, BPCL, Sun TV, PNB, NMDC and Sun PharmaBalkrishna Industries, NMDC, Sun TV, Aditya Birla Fashion, AstraZeneca Pharma and Redington India are among companies which will announce their December quarter results on Monday.
from Stocks-Markets-Economic Times https://i… Read MoreStocks in focus: Divis Lab, JK Cement, Jindal Saw, Ashoka Buildcon and Affle
from Stocks-Markets-Economic Times https://ift.tt/3rz8QpQ
… Read MoreTop 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.
from Stocks-Markets-Economic Times https://ift.tt/3rueFoi
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