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Interest on loans seen to be key to paying depositors
While deciding against extending the loan moratorium beyond August, RBI had also announced a one-time restructuring window for individual and corporate loans. For home loans, banks are expected to provide a tenure extension of up to two years.
Floor price, cut in levies needed to restore telcos’ financial health: CEOs
Executives want the regulator to ensure there is no predatory pri...
Mahindra & Mahindra Financial Services Ltd. shares down 1.36% as Nifty falls
The stock quoted a 52-week high price of Rs 245.74 and low of Rs...
Insurance stocks the right way to bet on financials: Macquarie
‘In the near term, not only the PSU banks and NBFCs, I will be underweight on the entire banking universe including private sector banks.’
Hold Edelweiss Financial Services, target price Rs 95: Emkay Global
Edelweiss Financial Services Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6588.79 Crore) operating in NBFC sector.
World Bank's IFC warns of Asia-Pacific 'financial crisis'
In its most recent forecasts in June, the World Bank estimated that the Asia-Pacific economy would contract by 0.5% in 2020, its lowest rate since 1967.
Only cooperative banks with good financial statements should continue: Ashvin Parekh
‘There has always been a love and hate kind of a story between government and NBFCs.’
Will this old financial tool transform tech investing?
SPACs have suddenly become the hottest way to raise capital, especially in tech.
Mahindra & Mahindra Financial Services Ltd. shares gain 3.34% as Sensex rises
A total of 147,608 shares changed hands on the counter till 10:20AM (IST)
JSW Energy Q1 results: Net profit falls 13% to Rs 213 cr
Its total revenue in April-June 2020 fell 23 per cent to Rs 1,887 crore as compared with Rs 2,464 crore in the year-ago period, on account of lower long-term and short-term sales
Share price of Mahindra & Mahindra Financial Services Ltd. rises as Nifty strengthens
A total of 266,897 shares changed hands on the counter till 11:07AM (IST).
How and when the force majeure clause can protect financial contracts
The force majeure clause includes the phrase ‘act of god’ to mean situations that are uncontrolled by human intervention and could not have been prevented. It guards against financial consequences if circumstances are beyond human control.
Covid booster: Health cover now top segment in general insurance
This is the first time that the seven standalone health companies have done more individual health business than the 24 non-life companies. Overall, non-life companies have seen their revenues up to July shrink by over 1% due to a 22% drop in motor premium.
How much should I invest in ELSS funds?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
How Sensex, gold, 10-year G-sec performed during week ending June 11, 2020
Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.