To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS)

'Infinite India' will seek to eliminate the need for coordinating with multiple touchpoints thus leading to a hassle-free experience for foreign companies in India

In the past, Piramal's big strategic moves like Shriram Group stake and merger proposal with IL& FS and IDFC Bank didn't reach logical conclusion

India Stock Market Highlights Today: ONGC followed by Tata Steel, L&T, Sun Pharma, M&M, ICICI Bank and NTPC were among the top gainers in the Sensex pack

RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players

Banking and non-banking shares rose up to 20% in the early morning trade on BSE after RBI's IWG recommended guarded entry of corporate into banking space, and a proposal to once again allow promoters of banks to hold up to 26% stake or non-promoter investors to take up to 15% stake

India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards

Large industrial houses like Aditya Birla group, Bajaj group, Mahindra and Mahindra, and Tata Sons already have large NBFCs with more than a decade of operations. In fact, these NBFCs are bigger than many mid-sized banks in the country

NPCI, which owns and operates the UPI payment system, is like a regulator for retail payments. ICBC is among 131 investors offered shares in NPCI though it is yet to subscribe to its quota

India Stock Market Highlights Today: UltraTech Cement, followed by Bharti Airtel, Asian Paints, Titan, ITC, Kotak Bank and L&T wer among the top gainers on Sensex. On the other hand, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv were among the laggards

Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards

Share market updates and analysis for August 25: Updates on AGR case hearing, cues from global markets and development on coronavirus front will set tone for Dalal Street

The temporary general license (TGL) issued by the US government to Huawei has expired. This essentially cuts US' ties with the company unless there is a renewal.

Coronavirus impact: Banks, NBFCs to face asset quality distress, says ICRAIndia's banks and non-banking financial companies (NBFCs) will continue to face elevated asset quality risks even as most of them reported a decline in the loans under moratorium provided by the Reserve bank of India (RBI) to borrowers on their loan repayments, as per a latest report. This was attributed to the impact of the coronavirus pandemic on borrowers' repayment capabilities.US crude oil stockpiles tumble sharp...

Gadkari noted the high potential of Indian handicraft and handloom sector and urged Amazon to help local industry with better design and packaging too

Stock Market LIVE Updates on July 1: ITC, followed by Axis Bank, HDFC, IndusInd Bank, Bajaj Finance, SBI and Reliance Industries were among the top gainers in the Sensex pack. On the other hand, NTPC, Kotak Bank, L&T, ONGC and Nestle India were among the laggards

RBI panel will examine and review the extant licensing and regulatory guidelines relating to ownership and control, promoters' holding, requirement of dilution, control and voting rights

Bank enjoys highest price to book value of 4.75 times; largest private bank, HDFC Bank, gets 2.90 times followed by ICICI Bank (1.77 times) and Axis Bank with 1.29 times the book

Stock Market LIVE Updates: HCL Tech, HDFC Bank, Maruti, IndusInd Bank, Bajaj Finance, Birla Corporation, MMTC, Meghmani Organics were among the top gainers. While ITC, Reliance Industries, M&M, Ultratech Cement, Asian Paints,  Titan and NTPC were among the top losers today

Sensex, Nifty Live News Today: Top gainers on NSE Nifty and BSE Sensex included Axis Bank, ICICI Bank, HDFC, IndusInd Bank and Bajaj Finance each rising over 5%.