Sunday, May 5, 2019

Banking wrap: NBFCs diversify funding sources; IBBI releases Q4 update on insolvency cases

Banking wrap: NBFCs diversify funding sources; IBBI releases Q4 update on insolvency cases Borrowing costs for NBFCs soared by 75-100 basis points in the second half of last financial year as lenders were forced to freeze fresh lending to the sector after the ILFS default.

from Moneycontrol Business News http://bit.ly/2ZZSB7V

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Sensex, Nifty slip 0.7% as Fed’s cautious outlook damps investor sentiment

Indian stock markets experienced a decline on Thursday. The NSE Nifty and BSE Sensex closed lower. This downturn followed the US Federal Res...