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The housing finance company made a provision of Rs 830 crore for NPAs during the quarter.
Banks relieved as govt will foot bill for interest waiverThe government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty over bank earnings for the quarter, giving them room to offer liberal loan-rejig terms … Read MoreTCS to consider buyback on October 7CS is the first technology company to consider a buyback of its shares in the current fiscal. The company had cash reserves of Rs 73,993 crore in March 2020.
from Stocks-Markets-Economic Times https://ift.tt/2GyU8gi
… Read MoreWill the Oct outperformance trend continue in the market?The average return for the Nifty 50 in October has been 2.6 per cent in the last 10 years. The highest monthly return for the index in October was 9.8 per cent in 2013, while the lowest was a negative 5 per cent in 2018.
fro… Read More11,250 to be ‘make-or-break’ level for Nifty this weekET spoke to four technical analysts for their outlook on the Nifty for the week ahead.
from Stocks-Markets-Economic Times https://ift.tt/3cYwcyK
… Read MoreFPIs turn net sellers after 3 months in Sept; pull out Rs 3,419 crForeign investors withdrew Rs 3,419 crore on net basis from Indian markets in September, according to depositories data. A net of Rs 7,783 crore was withdrawn from equities while the debt segment saw inflows of Rs 4,364 crore… Read More
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