Rise in retail stress levels not alarming : RBI Deputy Governor Jain
“With regard to any kind of movement of stress in the retail and MSME sector we are very closely monitoring, yes there is a visibility of little bit stress from the past data but it is not alarming,” Jain said in the post monetary policy conference while interacting with reporters. “We are constantly engaged with the regulated entities, particularly the outlier banks and NBFCs.”
Ashwini Kumar Hooda on the effect of the second wave Indiabulls Housing's loan booksIndiabulls Housing Finance on Thursday reported a marginal increase in its consolidated net profit at Rs 282 crore for the first quarter ended June 30. The housing financier had posted a net profit of Rs 273 crore a year ago.
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