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The bank has been taking cues from the markets as it looks at what rates the bigger banks are setting their reserve prices for selling their bad loans.State-run lender United Bank of India has been able to sell as many as seven…

Prior to this, FPIs had infused a net Rs 6,557.8 crore into the Indian capital markets (both equity and debt) in September.Continuing their buying streak for the second straight month, overseas investors pumped in a net Rs 16,464 crore…

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BEIJING (Reuters) - Many privately held firms in Shandong, China’s third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees and ill-managed…

The overall unsold inventory is around 7.79 lakh units, of which 3.93 lakh units, or roughly 51%, is affordable.Even as the real estate sector grapples with liquidity crunch and overall subdued business sentiment, the industry is betting…

Last week, State Bank of India (SBI) said that it has not taken the impact of the DTA reversal in its September-quarter results and would recognise it later.By Hariprasad RadhakrishnanPublic-sector banks (PSBs) are talking to the Reserve…

BAF has maintained its robust growth trajectory with deepening geographical penetration and increasing repeat business.Bajaj Finance’s (BAF) PBT grew 41% y-o-y in Q2FY20, PAT increased 63% y-o-y to `1,500 crore owing to the lower tax…

MARKETWATCH FRONT PAGE In 2011, at 50, I took early retirement from my job as an air-traffic controller, left Texas and began traveling the world. See full story.How to dig yourself out of debt…

SHANGHAI (Reuters) - China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels across the economy.…

Berkshire Hathaway said it made USD 16.52 billion, or USD 10,119 per Class A share, in the quarter, down from USD 18.54 billion, or USD 11,280 per Class A share, a year ago. (Reuters)Warren Buffett’s company reported Saturday that it saw…