IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings – Firstpost

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Todays News Headlines – 6 Jun, 2019 | Times of India Pranab at RSS event: Speech will be forgotten, visuals will remain, says daughter – Taking to Twitter, Sharmistha Mukherjee said that with his visit, Pranab was giving the BJP and RSS "full handle to plant false stories" She dismissed rumours of her joining BJP as false and alleged.

Crisis in NBFC sector.. It appears that the difficulties in rolling over NBFC debt that followed the collapse of Infrastructure Leasing and Financial Services (IL&FS), a leading NBFC, have abated somewhat;. Vijaya Bank and Dena Bank may consider their consolidation.

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on.

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Fitch Ratings Lowers India’s Growth Forecast to 6.9 Percent. The credit rating agency said however that it expects the economic activity to accelerate in the second half of the fiscal year with the waning impact of one-off events including the demonetisation shock in late 2016 and the GST rollout in July, which had dampened growth in the short term.

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 · India Ratings and Research Pvt, a unit of Fitch Ratings Inc., saw delinquencies beyond 90 days increase to 1.77% in January 2019 from 1.05% in January 2018. If these numbers appear low that’s only because the loans that get turned into securities (and are seen by rating firms) are of higher quality.

SBI reports Rs2,312 cr Q1 net on lower bad loan provisioning; 05 August 2019 RBI slaps a combined Rs11-cr penalty on 7 state-run banks for flouting norms

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IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings Firstpost – Press Trust of India Jet Airways Shares Rise Over 5% on Hinduja Stake Buy Buzz

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.

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