lipped from: https://indianexpress.com/article/explained/explained-bad-bank-stressed-assets-7747007/ The bad bank — National Asset Reconstruction Company Limited — is ready to commence operations with 15 cases worth Rs 50,335 crore to
Day: January 30, 2022
What is reverse repo normalisation? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-reverse-repo-normalisation-rbi-7746913/ To understand what is reverse repo normalisation, it is important to understand what is reverse repo and how it is not “normal” at
Have not terminated services of any employee, says BharatPe Board | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/have-not-terminated-services-of-any-employee-says-bharatpe-board-122012901205_1.html The Board said it remains committed to an independent and thorough audit process. It said no action has been taken or will be
Goldman Sachs predicts Fed will raise rates five times this year | Business Standard News
Clipped from: https://www.business-standard.com/article/international/goldman-sachs-predicts-fed-will-raise-rates-five-times-this-year-122012901154_1.html Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and
IndusInd Bank admits to procedural lapses in MFI lending | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indusind-bank-admits-to-procedural-lapses-in-mfi-lending-122012901110_1.html The bank’s chief executive and managing director Sumant Kathpalia stressed that it will not lead to any financial hit Private sector lender IndusInd Bank on
FPIs pull out ₹28,243 cr from India in Jan 2nd half – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/fpis-pull-out-rs-28243-crore-in-january/article64944783.ece Indian equities witnessed one of the worst monthly outflows of foreign funds in January. Foreign portfolio investors turned aggressive sellers of Indian shares
NCLAT dismisses Sivasankaran’s appeal against NCLT order on liquidation of Siva Industries – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/nclat-dismisses-sivasankarans-appeal-against-nclt-order-on-liquidation-of-siva-industries/article64944928.ece NCLT in September ordered liquidation of Siva Industries and rejected lenders’ proposal to withdraw the company from bankruptcy proceedings The National Company Law
After Delhi and Allahabad, Rajasthan HC quashes assessment notices issued under Section 148 of the Income Tax Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/rajasthan-hc-followed-delhi-allahabad-hc-in-quashing-reassessment-it-notices-issued-on-or-after-april-121/article64944869.ece Centre’s plea against Allahabad HC to be heard soon in the Supreme Court After the Delhi and Allahabad High Courts, the Rajasthan High