Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years. Illustration: Uttam Ghosh/Rediff.com Mutual funds are facing a......
Most NBFCs will have to slow down their loan growth.Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital.Others may have to knock......
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices Shares of......
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'Samie Modak reports.......