Thursday, July 2, 2020

NBFIs to face liquidity, asset quality risks in near term: Fitch Ratings

NBFIs to face liquidity, asset quality risks in near term: Fitch Ratings Fitch said cash flow implications of the moratorium, which the RBI has extended to end-August, have not been uniform across the industry, affecting liquidity profiles of some NBFIs more materially and placing pressure on their ability to repay or refinance upcoming obligations.

from Moneycontrol Business News https://ift.tt/3dUHJ13

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...