RBI Refuses to Relax Asset Classification for NBFCs
The RBI has turned down the request of non-banking financial companies (NBFC) to relax asset classification and provisioning norms. This will give rise to lousy...
Tag : non-banking financial companies (NBFC)
HDFC Bank, Kotak Bank Emerge As Saviour Stocks as Banks Bleed
Over the last 10 days, Kotak Mahindra Bank Ltd and HDFC Bank Ltd have emerged as these lifeboats. Meanwhile, Nifty Bank index lost over 6...