Deep haircuts: Comparing realisations with outstanding loans not reasonable to assess IBC effectiveness, says RBI DG
‘Must compare realisation with liquidation, the only other alternative for creditors’ The Hindu – Economy
‘Must compare realisation with liquidation, the only other alternative for creditors’ The Hindu – Economy
IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and … Read More
Coal India Ltd is furthering the country’s energy security, registering a significant increase in April 2022, tweeted Coal Minister Pralhad Joshi. NDTV Profit – Latest
India’s Vedanta is in talks with banks to raise debt of $2.5-$3 billion to bolster its semiconductor and display manufacturing plans, as it races to become the country’s first chipmaker, … Read More
Bitcoin Jesus is back. After a year of social-media silence, Roger Ver — who earned the moniker for his evangelical-like advocacy — is the latest crypto pioneer to voice his … Read More
Markets will focus on the US Federal Reserve’s meeting next week, which ends on Wednesday, May 4: What to expect? NDTV Profit – Latest
India’s forex reserves have fallen over $30 billion since Ukraine crisis on February 24, and if that trend continues, then it will close out April below the $600 billion mark. … Read More
FY22 is the first full-year profit since FY19, Yes Bank said in a regulatory filing The Hindu – Economy
Yes Bank on Saturday said it returned to full-year profitability in the fiscal ended March 2022, registering a profit of Rs 1,066 crore during the year. NDTV Profit – Latest
Indian equity benchmarks ended the last trading of April deep in the red, dropping nearly 1 per cent for the day and closing out the month over 2 per cent … Read More