Moneycontrol Selects: Top stories this evening

MC selects-A daily round-up of the most interesting articles

Here is a collection of the most important stories this evening:

Banks continue to post robust credit growth, asset quality improves, says RBI’s Financial Stability Report

Indian scheduled commercial banks (SCBs) continue to report robust credit growth and asset quality of the banks also continue to improve, the Reserve Bank of India’s (RBI) Financial Stability Report (FSR) said. Read More

India bets on higher foreign inflows, lower borrowing costs on the eve of JPMorgan bond index inclusion

Indian sovereign bonds will become part of JPMorgan’s Global Government Bond Index – Emerging Market (GBI-EM) on June 28, concluding decade-long efforts to secure the inclusion and attract more foreign fund inflows. Read More

Emcure Pharmaceuticals IPO to hit Dalal Street on July 3

Pune-based Emcure Pharmaceuticals is set to launch its maiden public issue for subscription on July 3. The price band will be announced by June 28. Read More

MC Selects

HDFC Bank has revised terms for credit cards: Here are the key changes

HDFC Bank is back with more revised terms for its credit card portfolio, effective August 1. These revised terms are in line with those of other banks, which have introduced charges on rental and educational transactions using third-party platforms, charges for large utility bill payments and more. Read More

Airport at Tamil Nadu's Hosur to benefit Bengaluru's tech hub Electronics City and nearby areas

Tamil Nadu's decision to set up an international airport at Hosur is likely to benefit not just its home district Krishnagiri and the adjacent Dharmapuri and Salem districts in the state, but also the tech hub Electronics City and the southeastern parts of Bengaluru. Read More

Taking Stock: Market hits fresh milestones on expiry day; Nifty Bank crosses 53,000

Indian benchmark indices rallied for the third consecutive session on June 27, with Nifty crossing 24,000 for the first time ever supported by Information Technology and energy names. Read More