"The net profit stands at Rs 32 crore, with an improvement in our net interest margins to 3.58 percent. "With much-needed liquidity boost, we are now increasing our focus on lending towards sustainable infrastructure projects, renewables, HAM (hybrid annuity model) projects, waste management, sewage treatment plants, gas distribution and electric vehicle charging," PFS said in a statement on Friday. … [Read more...] about PTC India Fin Services net profit falls 28% to Rs 32 crore in September quarter
India pf balance check online
Election Day is a mere four days away, and the good people in Washington have failed to pass a stimulus bill for coronavirus relief. In fact, they can’t even agree on what a stimulus package might include. With no hope for a pre-election deal, here’s the latest update on how things might play out after November 3. … [Read more...] about Stimulus update: How soon after the election could extra unemployment or second checks pass?
The CEO of Wells Fargo, one of the largest banks in the U.S., recently attributed the lack of diversity in financial services to a “very limited” talent pool. This struck me as another opinion formed by someone who has spent too much time in the echo chamber of traditional banking. Instead of blaming the pipeline, banking leaders should take a hard look at the barriers they’ve built that keep people of color from accessing—and by extension, pursuing careers—in financial services. … [Read more...] about I’m a Black woman in fintech. My industry has to overcome its racism to survive
Suppose the market and stock are both in an uptrend and all short-term key moving averages are trending above the long-term key moving average, and the stock is frequently taking support at its 21-DMA. In such a case, one can go long, with a stop-loss below the 21-DMA. … [Read more...] about Take note! 5 ways in which ‘stop-loss’ manages risk, generates positive returns
“Now it has to cross and hold above 11750-11777 zones to get the bull’s grip for a bounce towards 11900 then 12020 while on the downside major support exists at 11550-11500 zones,” Chandan Taparia of Motilal Oswal Financial Services told Moneycontrol. … [Read more...] about Taking Stock: Nifty falls for the third straight day; midcaps outperform