Raveena

Stories By Raveena

Reserve Bank of India (RBI)

Non-food credit growth slows to 6.8% in May

The outstanding incremental non-food credit stood at Rs 90.3 lakh crore as of May 22, 2020, as against Rs 84.51 lakh crore on May 24, 2019.

COVID-19 may set back Indian banks' recovery by years: S&P

COVID-19 may set back Indian banks' recovery by years: S&P

The US-based rating agency expects non-performing loans in Indian banks will hit a fresh high, raising credit costs, and putting pressur...Read More

COVID-19: Housing sales may plunge 81% in Apr-Jun; new launches to fall 98%, report

COVID-19: Housing sales may plunge 81% in Apr-Jun; new launches to fall 98%, report

As many as 68,600 units were sold during April-June 2019 across seven major cities - Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, B...Read More

The locked CCTV control room at Bandra terminus

BNP Paribas to shut onshore wealth management biz

There are about 60 people working for the business in India and they have been given the option to either relocate to other businesses li...Read More

What did Tata Starbucks brew in 2019-20?

What did Tata Starbucks brew in 2019-20?

A 21% growth..... Though business achieved "high store growth, Tata Starbucks' profitability was adversely impacted" in 2019-20 by revers...Read More

Kotak not averse to takeover of weak businesses during COVID crisis

Kotak not averse to takeover of weak businesses during COVID crisis

Why should an investor be barred from selling his investments, which are currently hammered on account of coronavirus pandemic, Kotak sai...Read More

Without a strong investment from outside the country, we will not have the capability to put the markets and industry back in place, and move populations back to their workplaces.

India's core industrial output crashes by over 38% in April

On a sequential basis, the Index of Eight Core Industries had declined by 9 per cent in March 2020 and a rise of 5.2 per cent in April 20...Read More

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