As smaller businesses have received a go-ahead to resume operations in the green and orange zones, these business owners are now able to pay up on their loan instalments with a recovery in their cash flow situation, the report quotes bankers as saying. Many of them had earlier opted for the moratorium as their businesses remained shuttered during the lockdown. … [Read more...] about Lockdown 4.0 | Loan repayments on the rise with slow but steady resumption of businesses
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The Civil Aviation Ministry has announced that domestic flights will resume from next week. The ministry has listed out SOPs for passengers, and companies have assured to follow many safety measures. … [Read more...] about Corporate Buzz podcast | All eyes on skies as flights resume; will jobs come back with reopening businesses?
In the recent time SBI came under heavy selling pressure after rating agencies expect deterioration in banks' asset quality due to disruption in economic activity from the coronavirus outbreak. Growing solvency stress among non-bank financial institutions would increase risks to banks' asset quality because banks have large exposures to the sector. As we said earlier Investors should focus on phase wise investing strategies rather than pumping in full assuming and fearing of missing the future rallies. … [Read more...] about ‘Volatility to stay as virus yet to go away; add these 18 stocks to lockdown portfolio’
With May 31 fast approaching and the lockdown extended, such borrowers are clearly at the risk of walking into a debt trap, unless the moratorium is extended or other relief measures are announced. Many are bound to find it difficult to pay EMIs post this date due to job losses, pay cuts or suspension of business activities. … [Read more...] about Simply Save podcast | How to deal with debt post the RBI moratorium
The $300 billion Public Investment Fund (PIF) sent banks a request in recent weeks to come up with proposals on how to go ahead with a sale of Elm shares to the public, said two of the sources, declining to be named as the matter is not public. … [Read more...] about Saudi Arabia’s wealth fund seeks IPO of information security firm Elm: Sources