By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Profitability will be better in FY21 than FY20:…
Mumbai-based RBL Bank has set aside enough capital buffers to deal with the Covid-19 pandemic crisis and is confident credit costs will not exceed levels seen in the previous financial year, CEO Vishwavir Ahuja told…
Indian footwear sector revenues to drop by 10-15%…
The footwear sector’s performance in the FY2021 is likely to be significantly affected due to the Covid-19 pandemic, according to ICRA. With nil revenues during the period of lockdown, given the closure of retail outlets…
First sovereign gold bond of FY21 opens on…
NEW DELHI: The series-I of the Sovereign Gold Bond (SGB) scheme for 2020-21 will open for subscription on Monday. Prospective bidders can bid for a minimum of 1 gm of gold at Rs 4,639 per…