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Indian Institute of Insolvency Professionals of ICAI (IIIPI) has submitted a report to IBBI, which is said to be in discussion with various stakeholders including the Reserve Bank of India, Indian Banking Association (IBA) and the government, three people with direct knowledge of the matter told ET.
Govt-backed stress fund kickstarts a revival in realtyThe SBICAP Ventures managed fund has cleared investments worth over Rs 13,200 crore for 136 projects and has started deploying funds across 36 projects.
from Stocks-Markets-Economic Times https://ift.tt/33sM2Oz
… Read MoreRebids for DHFL likely to be called this weekCreditors are confident that they are well within their rights to ask for a rebid as they seek to maximise returns. They have also sought former attorney general Mukul Rohatgi’s opinion on whether rebids can be done in the cu… Read MoreStocks in the news: Maruti, M&M, ONGC, Dr Reddy’s Labs, Infibeam and Route Mobile Dr Reddy's Laboratories on Saturday said it has inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands.
from Stocks-Markets-Economic Times https://ift.tt/37oFl1q
… Read MoreVehicle, MSME loans see robust growth in OctoberNon-food bank credit growth decelerated to 5.6 per cent on a year-on-year (y-o-y) basis, in October 2020 from 8.3 per cent in October 2019.
from Stocks-Markets-Economic Times https://ift.tt/3mpUg1n
… Read MoreNifty may struggle to trade above 13,200The Nifty ended down 18 points, or 0.1%, to close at 12,968.95 and the Sensex slipped 110 points, or 0.2%, to close at 44,149.72. Analysts expect the Nifty to find support at 12,600-12,700.
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