Sunday, September 30, 2018

LIC unlikely to offer immediate line of credit to ILFS

LIC unlikely to offer immediate line of credit to ILFS ILFS, which has missed more than five debt payments since August and downgraded by three rating agencies, has filed an application with NCLT

from Moneycontrol Business News https://ift.tt/2DK4EiN

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...