Sunday, February 23, 2020

Mega bank consolidation: Meeting April 1 deadline appears challenging

Mega bank consolidation: Meeting April 1 deadline appears challenging It is believed that the Prime Minister#39;s Office (PMO) has sought details from these lenders about their financial projections for the next three to five years. Details in respect of NPAs, capital requirement, credit growth and cost savings on account of the mergers have been asked for, officials said.

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

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FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...