Notwithstanding the low level of delinquencies, there is a sign of risk build up in consumer credit, Reserve Bank of India(RBI) said in its latest financial stability report. In November, RBI asked banks and non-bank lenders to maintain a higher risk weight for their exposure to unsecured retail loans. The risk weight on these loans […]
SGX Nifty hints at a flat to negative start for Indian benchmark indices as Nifty futures trade 53 pts lower at 18254 on the Singapore Exchange. In the previous session, BSE Sensex gained 126 pts to close at 61,294, while NSE Nifty 50 settled above 18,230. “The Indian equity market has returned to green territory, […]
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