RBI DG addresses worries over bank haircuts

RBI DG addresses worries over bank haircuts

Seeking to address concerns over the deep haircuts taken by banks in some of the insolvency resolutions, Reserve Bank Deputy Governor M Rajeshwar Rao on Saturday said comparing the outstanding loan amounts with the value realised may not be a ‘reasonable...
View: Strength to keep the flag fluttering

View: Strength to keep the flag fluttering

Growing up abroad in Indian embassies, the flag was very much a part of my life. It fluttered outside my father’s office window, and later outside our house and even on our car. To see it flying high always brought a lump in my throat; it still does. I used to...
Dipan Mehta on why he prefers L&T to ITC

Dipan Mehta on why he prefers L&T to ITC

“While we are positive on consumer spending in the medium to long term, the best way to play it would be through non-FMCG stocks,” says Dipan Mehta, Director, Elixir EquitiesHUL performed well, holding up a solid 4.5% irrespective of the management commentary after...

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