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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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...