As per RBI’s proposal, banks can link their lending rates with an external benchmark instead of the MCLR.
RBI governor stresses on importance of positive sentiment, calls on banks to spur credit growth
A liquidity squeeze that began with repayment defaults by IL&FS began a downward cycle in the economy
We have a consumption issue which will pick up as we go along in the second half.
The latest capital raising will improve its capital ratio by 60 bps .
Builders that rely on refinancing from NBFIs with weak financial profiles will be the most affected if these conditions continue.
Reduced availability of financing has contributed to the slowdown in India's auto sector.
Nearly Rs 1 lakh cr of investor money was riding on ratings provided by the top four credit rating companies.
HFCs will now be treated as one category under the non-bank finance companies.
Some shareholders of Reliance Group are mulling action against the auditor for eroding their investments.
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