Mumbai: State-owned lenders and the Reserve Bank of India (RBI) are trying to sort out the regulatory and legal status of the private sector company that would resolve the sticky loans that the ‘bad bank’ acquires. Under the unique twin-company structure, National Asset Reconstruction Company Ltd (NARCL) – the bad bank in which the majority … Read more
Market Outlook for Monday, October 25, 2021 The Indian equity markets continued to correct for the fourth day in a row as it ended yet another day on a negative note. The Nifty opened on a positive note. It inched higher and marked its high point of the day in the first hour of the … Read more
Equity in education isn’t the only major victim of a glaring digital divide. Equity ownership in primary listings also hinges as much on the robustness of India’s tech backbone – as evidenced in the latest flurry of digital mandates for top-flight IPOs. UPI mandates in June have also highlighted the gap in technology infrastructure between … Read more