Largely there are 12 stocks which could be biggest beneficiaries if these recommendations get implemented properly in coming years, including Kotak Mahindra Bank, IndusInd Bank, Equitas Small Finance Bank, Ujjivan Small Finance Bank, Bajaj Finance, M&M Finance, Shriram Transport, L&T Finance Holdings, AU Small Finance Bank, Bandhan Bank and DCB Bank. … [Read more...] about Top 12 stocks to look at from banking & financial space after RBI panel recommendations
Direct thermal labels where to buy
"With fiscal stimulus plans remaining uncertain, speculation is growing that the Federal Reserve may further loosen monetary policy in December. Therefore, we expect the rupee to trade in the range of 74.00-74.80 for the coming week as a rebound in the dollar index is expected to support the pair. However, a rally in domestic equities may cap further gains," said ICICI Direct. … [Read more...] about Rupee ends higher at 74.09 per dollar
Well-run large NBFCs, with an asset size of Rs 50,000 crore and above, including those which are owned by a corporate house, may be considered for conversion into banks, subject to completion of 10 years of operations and meeting due diligence criteria and compliance with additional conditions specified in this regard. … [Read more...] about NBFC stocks gain after RBI rolls out new banking proposal to convert large NBFCs into banks
> If you go sector wise it would be beneficial. There is a mechanism in place let the petitioners work out in according to the mechanism. This is in background of the current situation keeping in mind the future contingency. (Inputs from Bar & Bench) … [Read more...] about SC on Loan Moratorium LIVE Updates: Hearing of petitions seeking interest waiver resumes
For example, if I have $1,200 in extra income from the government, I might go out and spend some of that on a nice meal with my family at a local restaurant. The restaurant then uses that money to pay its employees and buy more supplies from other businesses, both of which then spend the money on other things they need. The more everyone spends from that initial dollar, the higher the multiplier. If a lot of people like me use that extra money for savings or to pay off credit card debt, the multiplier goes down, making the stimulus less impactful. … [Read more...] about What can Biden do to quickly stimulate the sputtering U.S. economy?