SEARCHED FOR:FINANCIAL YEAR
The Covid crisis exposed what financial reformers missed
Regulators did a lot to make the core banking system more resilient. They increased requirements for loss-absorbing capital, and for the liquid assets needed to meet obligations in a crisis. They established stress tests designed to ensure that banks can survive a severe economic or financial shock.
Financial, physical health top stressors amid COVID-19: Study
Financial and physical health has emerged as the top stressor for Indians ahead...
Garware Technical Fibres Q1 results: PAT down 3% at Rs 18 cr
Net sales of the company during the quarter under review declined to Rs 152.4 cr...
Education and marriage can wait, now it’s savings for Covid
There has been a dramatic change in risk perceptions since Covid-19 struck. Many of the concerns that were top of the mind for most last year have dropped off their lists as people have bigger things to worry about because of the ongoing coronavirus pandemic.
CARE Ratings projects sharper GDP contraction of 8-8.2 pc for FY21
The decline in GDP growth by around 8 per cent would also be associated with a decline in the gross fixed capital formation, the agency said.
Mindtree says uncertainties in this financial year
“We anticipate softening of demand in FY21, as organizations address their concerns over business continuity, availability and survival. Investments that drive growth and expansion will be few and far between,” said Debashis Chatterjee, CEO and managing director, Mindtree, in the company's annual report.
Pandemic likely to force India to borrow more, deficit monetisation is last resort -sources
Borrowing plans for the second half of the financial year, ending on March 31, will be reviewed by government and Reserve Bank of India (RBI) officials later this month, the five sources said.
Hyderabad data center capacity to triple during next five and half years ending 2025: JLL
Hyderabad data center capacity is expected to grow from 32 MW in H1 2020 to 130 MW ending 2025. The city is likely to attract hyper scalers due to various incentives provided for data centers and the presence of global in-house centres.
Indian economy to contract 10.5 pc in FY21; COVID-19 spread disrupting eco activity: Fitch
India recorded one of the sharpest gross domestic product (GDP) contractions in the world in April-June.
Income loss? Here's what insurers offer you
Agents earn commission in the wide range of 2-20 percent. LIC will likely recruit three lakh new agents this whole financial year. About one lakh agents would be recruited by insurance companies other than LIC in the rest of the financial year.
55% borrowers want to apply for loan restructuring: Survey
Over a large section of the customers who participated in the survey said that they would like to approach their lender for a loan restructuring plan.
Why gold financiers are still safest bets in market
As the financial sector stabilises and moves up, these companies will do even better, says Sandip Sabharwal.
Financial services firm Arcesium sets up office in Bengaluru
The Bangalore office is India's second and fourth worldwide for Arcesium. The expansion comes as the company supports the rapid growth of its client base, driven by its modular product strategy launched in 2019, and its recent business expansion into Europe and Asia.
SMEs witnessed the sharpest decline in urban locations: Motilal Oswal Financial Services
The impact was clearly visible in public-sector banks which disbursed 2.6 times the loan amount in June 2020 over February. Private banks also rebounded to pre-Covid disbursal levels.