Wednesday, July 3, 2019

Banks’ exposure to NBFCs widen after ILFS crisis, raises concern

Banks’ exposure to NBFCs widen after ILFS crisis, raises concern Bank borrowings, as a source of funding for NBFCs, has increased post the ILFS crisis, raising concerns on the interconnectedness of the sectors

from Moneycontrol Business News https://www.moneycontrol.com/news/business/banks’-exposure-to-nbfcs-widen-after-ilfs-crisis-raises-concern_12707721.html

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Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Sudarshan Chemical Industries announced the acquisition of Heubach Group for Rs 1,180 crore. Shares surged 20% on the news. Heubach Group is...