"If interest rates are at 6 percent, NPA's will double in six years. Both cost of credit and the flow of credit both have to be looked at," he said adding that the problem with low interest, however, is that capital injection will be significantly lower.
"Hopefully we'll have a vaccine, but I think the vaccine is going to take longer than people understand," the chairman of Moody's Investors Service said.
Be it an economic slowdown in 2001, the global financial crisis in 2008, or the European debt crisis in 2013, the yellow metal always shines even when economies struggle
When Russian table tennis or Korean baseball won’t scratch the itch, some are trying their hand at trading equities. It’s enough to move the market, analysts say
At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro finances.
The decision comes after receiving a representation from stock exchanges, the Securities and Exchange Board of India (Sebi) said in a circular.
Stocks of metal and mining companies are currently at historically low price-book (P/B) multiples, according an analysis by ET Intelligence Group.
Canadian pensions were reportedly exploring investment opportunities in the renewable energy and private debt spaces
Of the 39 trading sessions during these two months, only eight days recorded net FPI inflows
Sawiris also predicted that oil prices would hit $100 a barrel in 18 months.
Markets are certainly better, but not well. There is no need to get carried away.
Even as fiscal year 2020 saw a sharp fall in the markets, an increasing number of fresh investors signed up to have demat accounts opened.
Indian stocks are ignoring COVID-19 data
COVID has caused tremendous distress, but liquidity issues have hurt us before and will continue even after the pandemic
These are still early days for the markets to recover
On balance, we are looking at a gradual depreciation of the Indian currency. COVID-19 will be the difference between the rupee at 76 to a dollar or 85 in another six months.
The virus outbreak supercharged a continuing shift in the markets, with a few giant companies now exerting the most influence over the direction of stocks since the tech boom.
On April 27 and 28, seven companies raised a total of only Rs 3,544 crore out of the targeted Rs 10,400 crore.
In the previous crises, if one had invested at every dip of the fall, it would have been equivalent to investing at the middle of the fall
A cut in earnings estimates for FY21 may take the sheen off low valuations
Spot gold fell 0.5% to $1,675.92 per ounce by 0038 GMT, having touched its lowest since April 9 earlier in the session. The metal slumped about 2% on Friday.
We strongly believe that everything depends on how long the pandemic lasts, if the spread of the disease get restricted in H1’2020, we could see a possible rebound beginning second half of 2020
Business failures can lead to loan defaults, NPAs, stress in the banking sector and a blow to the entrepreneurial spirit
Since 2006, there have been 18 instances of steep market corrections where the Nifty corrected in excess of 10 percent.
The RBI has so far not specified if the moratorium applies to NBFCs.