PSBs lost Rs 2.85 lakh cr due to loan default of 13 firms

Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS,......

Now is the time to focus on mid and small-caps

Long-term investors should consider moving into smaller stocks.Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds,......

Rs 5,000-crore stressed asset fund for MSMEs mooted

The RBI panel has also recommended a government-sponsored ‘fund of funds’ of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector. A......

'Budget 2018 certainly obliged the masses'

It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially......