“One is that the companies which are high growth or where people are more confident about the growth, though the valuations may be on a higher side, I think those stories will continue to participate,” says Hemang Jani, Independent Market Expert. Now that the rate cut cycle has officially begun, what do you think are … Read more
“We do not see any major upheaval in either direction negative or positive in the second half. Earnings are probably the most stable we have seen in the last two or three years,” says Seshadri Sen, Emkay Global Financial Services. Well, I am just going through your latest note and it seems like you have … Read more
The finance minister recently announced the implementation of Digital Public Infrastructure (DPI) in agriculture to cover farmers and their lands. This initiative is a part of the broader Digital India campaign, which is built on the foundation laid by the National Land Record Modernization Programme (NLRMP), now known as the Digital India Land Records Modernization … Read more
George Alexander Muthoot, MD, Muthoot Finance, says “the RBI instruction is an universal one, applicable to all NBFCs. The Reserve Bank is clarifying that more than Rs 20,000 should not be paid in cash. I do not think there is any impact of that because even otherwise most of our customers have bank accounts and … Read more
Shweta Jain, Founder, Investography, says “do not take the loan unless it is absolutely necessary. Do not take this just for splurging on something offhand. Take this as an option against your credit card loan because those work out quite expensive. Do take these as an option against personal loans. And, of course, pay as … Read more
Mumbai: Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India’s tougher draft guidelines on the financing and accounting of project loans. The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance … Read more
Over the past few years, the banking industry has enjoyed a favourable market sentiment, as evidenced by Bank Nifty’s impressive two-year total returns from CY22 to CY23, registering a growth of 35.8%. This growth surpassed the 24% increase seen in the Nifty50 during the same period. Fortunately, this positive sentiment towards banks is not merely … Read more
