Monday, November 25, 2019

NBFC/HFC bankruptcy provisions positive for banks: Moodys

NBFC/HFC bankruptcy provisions positive for banks: Moodys The government recently empowered RBI to refer stressed NBFCs and HFCs with assets worth of at least Rs 500 crore to insolvency courts after notifying Section 227 of the Insolvency and Bankruptcy Code.

from Moneycontrol Business News https://ift.tt/2XP8VI7
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Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs

Apollo Micro Systems shares saw a significant rise. The company secured orders worth Rs 25.12 crores from DRDO and Defence PSUs. This news b...