Covid-19
Finance
Lenders seek RBI nod to recast over $40 bn potential NPAs
Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......
Markets
Nifty jumps 6% for the week to touch one-month high
Indian shares rose for the third straight session on Friday and finished the week sharply higher ahead of the release ......
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
Markets
Sensex, Nifty jump over 3% as banks surge on bargain hunting
Indian shares closed over 3% higher on Wednesday as value investors stepped in to buy beaten-down banking stocks, while Axis ......
Finance
Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic
Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations. Its growth ......
Markets
Sensex, Nifty decline as RBI loan relief hits banks
Indian shares slid on Friday, as banks fell after the central bank decided to cut policy rates and extend a ......
Infrastructure
Coronavirus puts JSW's acquisition of GMR power project on ice
Sajjan Jindal-owned JSW Energy has put on hold its acquisition of debt-laden GMR Kamalanga Energy Ltd from GMR Energy in ......
Markets
Sensex, Nifty jump on earnings boost; Reliance Industries, banks gain
Indian shares jumped on Wednesday, spurred by strong corporate earnings and a rise in banking stocks and Reliance Industries, while ......
Markets
Nifty, Sensex rise on Bharti Airtel boost; banks fall
Indian shares ended higher on Tuesday after three days of losses, spurred by a surge in Bharti Airtel and optimism ......
Consumer
Can the battered Indian offline retailers endure the Covid-19 blow?
Unlike the last 10 years, the Indian economy is starting the new financial year with an unprecedented impact on its ......
