Consumption-led businesses have shown strong growth in the festive season. People are spending at shops and restaurants again. Post-Diwali, it’s a cooling off period for couple of weeks. But we are expecting business to pick up again from mid-December, when the holiday season resumes, as customers will travel, shop and dine. Also, we expect demand for car loans to pick-up with year-end offers coming from manufacturers. The demand for home-loans has been steadily increasing and is expected to continue for the bank because interest rates are at a 15-year low; good offers from developers and state governments offering lower stamp duty for a limited period of time are also demand drivers. … [Read more...] about Secured loan book back to pre-COVID levels: Axis Bank
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The I-Pace has received overwhelming praise ever since its launch from the global press, going on to win the World Car of The Year award in 2019 (along with the World Green Car of the Year award). In terms of design, the car is peak 2020 – it’s a cross between an SUV and a sports coupé, with the muscular wheel arches of the latter, and the raised ride height of the former. … [Read more...] about Jaguar I-Pace, the award-winning electric car, is open for bookings—what you need to know
While BK Singh of Rashtriya Lok Samta Party from Warisnagar constituency reported most assets worth over Rs 85 crore, followed by Ananta Kumar Singh of Rashtriya Janata Dal from Mokama constituency (Rs 68 crore) and Gajanand Shahi of Indian National Congress from Barbigha (Rs 61 crore). … [Read more...] about Bihar Elections 2020: Average asset of candidates is Rs 1.72 crore, ADR report reveals
IDBI has raised Rs 4,408 crore in FY18 by selling stakes in its subsidiaries. In addition, the bank got Rs 12,865 crore through recapitalisation bonds (Rs 7,881 crore, govt hiked stake to 85.96 percent at Rs 71.8 per share) and capital infusion from LIC and the central government. After the capital infusion, the capital adequacy ratio (the capital as a percentage of risk- weighted assets of the bank) would be close to 14 percent on FY18 numbers. … [Read more...] about Is a possible stake sale to LIC the best solution to IDBI’s problems?
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about No negative surprises, auto sales numbers for November likely to show an uptick