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2022-08-18 17:31:13| The Economic Times

Based on supervisory data, in quarter-ending December 2021, the consolidated balance sheet of NBFCs grew at a faster pace than the corresponding period in the previous year. The bottom lines of the NBFC sector also improved in Q2 and Q3: 2021-22 with the waning of the second wave of COVID-19.

Category: News and Media


2022-08-18 16:34:14| The Economic Times

To be sure, with inflation levels above the target band for over six months, the Reserve Bank has cumulatively raised the benchmark policy repo rate by 90 basis points ( one bps is 0.01 per cent) since may and is now at 5.4 per cent Though economic activity was sluggish in July compared to June, the recovery in the Indian economy is expected to gain momentum going by the preliminary indicators like investment in capex and pick up in consumption demand.

Category: News and Media


2022-08-18 14:23:22| The Economic Times

Mazhar Mohammad of Chartviewindia.in said the weakness is not panning out, as clear-cut sell signals are missing on short-term charts despite being in extremely overbought zones"It needs to sustain above 17,833 to retain a positive stance as the breach of said level can trigger.

Category: News and Media


2022-08-18 12:13:31| The Economic Times

The auto sector has caught the fancy of investors over the past few months thanks to strong volume visibility for passenger vehicles, a spate of new launches, and value unlocking from monetization of the electric vehicle (EV) subsidiaries.

Category: News and Media


2022-08-18 07:41:22| The Economic Times

ICICI Bank share price has given a 23% CAGR in the past 5-year period, while its profitability has increased by 20% CAGR in the period. The deposit book of the bank improved from Rs 5,60,975 crore in March 2018 to Rs 10,64,572 crore in March 2022. While its advances improved from Rs 5,12,395 crore to Rs 8,59,020 in the period. The bank has delivered strong returns in terms of share price and business performance.

Category: News and Media


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