Friday, December 3, 2021

RBI new norms likely to increase NBFCs bad loans by one-third: Study

RBI new norms likely to increase NBFCs bad loans by one-third: Study The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

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

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...