Coronavirus Outbreak: PSBs sanction loans worth Rs 6 lakh cr in 2 months for MSME, agriculture sectors, says Nirmala Sitharaman
NBFCs have received Rs 1.18 lakh crore from these banks during the period between 1 March and 8 May.
Coronavirus Outbreak: RBI firefights COVID-19 impact on economy, seeks to improve flow of credit but threat of rising NPAs real
While the broader goal of inflation management will run the background, the attempt here is to ensure that the slowdown in growth process which is a certainty now is contained.
Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence
Globally, airlines have focused on becoming bigger to ensure their customers don’t have to look elsewhere for their travel needs.
Indiabulls Housing Fin shares zoom over 14% as CRISIL reaffirms rating; company's m-cap surges to Rs 8,430 cr
Indiabulls Housing Finance gained 14.03% to close at Rs 197.15 on the BSE. Intra-day, the stock surged nearly 18% to touch a high of Rs 204.
Jet Airways delays ECB repayment amid liquidity crunch, defaults debt payback fourth time in recent months
As part of the resolution plan, on Monday, Naresh Goyal quit as chairman of Jet Airways and the board also approved lenders taking control as well as immediate fund infusion of Rs 1,500 crore.
Yet curiously Jet Airways says the default it has committed on meeting its tryst with the ECB was precisely working capital related.
Indian cos raised Rs 6 lakh crore from equity, debt markets in 2018; volatile market conditions brought down kitty by 30%
Data shows the debt market remains the most preferred route for raising funds to support business needs of the corporate world.
In July, IndiGo had put on sale 1.2 million seats at heavily discounted starting fares of Rs 1,212 under a similar offer.
As part of its Rs 5,000 crore land monetisation programme, the national carrier had decided to put on block these flats, along with some other properties, through an e-auction in August 2013, which did not elicit good response.