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…