Index trading at price-to-book ratio of 2.9x, compared to 20-year average of 3.5x
While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation
Commerce minister had urged developers not to wait for govt aid or markets to rationalise but start lowering prices and write off their earlier investments as bad business decisions
According to MFIs, the recoveries from rural areas in May were higher by 10-20 per cent compared to that in urban areas
Fear of worsening credit profile, economic uncertainty, trigger investor exits
Panagariya also argued that fiscal stimulus, which works by creating demand, cannot go far when there are no workers to help generate a supply respons
Deals for stalled projects, last-mile financing being sought
The credit outlook report noted that the Government of India and the Reserve Bank of India have announced a series of measures to alleviate liquidity stress at the NBFCs
Carmakers have joined hands with commercial banks and NBFCs and launched EMI schemes aimed at reducing the initial purchase cost and monthly outgo
As India moves to open up the country, investors look at sectors that have been resilient. Puneet Wadhwa charts sectors that are expected to do well in the next few months
The company disbursed two-wheeler loans amounting to Rs 329.9 crore and reported a total disbursement of Rs 347.5 crore during the quarter
Shah said that interest subvention is the "need of the hour"
UCBs' outstanding loans to MSMEs amount to Rs 82,000 crore
Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results
The gains come after huge selling pressure and consequent under-performance of banking stocks since the start of March
This comes after Finance Minister Nirmala Sitharaman interacted with country's top regulators at FSDX meeting on Thursday
Generally, the daily volume is Rs 10-15,000 crore in CPs in the secondary market
The first step in this direction would be to start with the land that has already been collateralised in the formal financial system
Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures
Analysts want RBI to look at 'unconventional' monetary policy measures for a revival nudge