Global banks unwind lucrative India trades after RBI warning
The Reserve Bank of India warned the banks of a regulatory breach last week, saying they must limit their holdings of unlisted securities to no more than 10% of investments classified as the non-statutory liquidity ratio portfolio.
PNB Housing to focus on affordable housing segment, co-lending to conserve capital“There is (a) massive opportunity that is going to come up in India on the affordable housing side and loans less than Rs 2 crore.” PNB Housing chief executive Hardayal Prasad said.
https://ift.tt/3ABFCuV
Post a Comment