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The data show that the reluctance of banks in lending to NBFCs in the aftermath of the IL&FS crisis continued in November as well.The growth in bank credit to the services sector slid to 4.8% year-on-year in November against 28.1% a…

The bank had seen a significant deterioration in its asset quality in Q2FY20, with its gross NPA rising to 2.6% from 1.4%.RBL Bankon Tuesday announced it had raised Rs 675.8 crore via preferential allotment of 1.98 crore equity shares…

On the NSE, it went up 4.87 per cent to Rs 29.05 – its highest trading permissible limit for the day.Jet Airways shares on Tuesday gained five per cent to touch its highest trading permissible limit amid reports that Hinduja Group is…

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This was also reflected in the data for the first half of 2019-20 where domestic passenger traffic growth was a mere 2 per cent, she added. (Representational image)Non-revival of Jet Airways, coupled with grounding of the Boeing 737 Max…

RBI governor Shaktikanta Das said at the December monetary policy review that credit flow to the NBFC sector is gradually reviving.The Reserve Bank of India (RBI) on Tuesday extended the availability of relaxed terms for sale of assets…

Being a price-sensitive market, inflation in gold prices affect consumer sentiments and results in postponement of purchases by customers, it added.Jewellery demand is expected to decline by 6-8 per cent in terms of volume following high…

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Startups in six sectors — agriculture, data and analytics, education, health, IT consulting/solution and manufacturing — accounted for nearly 50 per cent of the survey respondents.About half of the startups dealt in innovative products…

The matter pertains to a probe conducted by Sebi between April 2007 and August 2008 on receipt of an alert in its surveillance system with regard to the price movement and trading pattern in the scrip of Sunteck Realty.Market regulator…