The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
Slowing consumer expenditure and falling demand from small business is beginning to show on Bajaj Finance, considered one of the strongest non-banking finance companies in the business.
Why is the Walmart-Flipkart deal what we at Fortune India call the “Move of the year”? Our predictions on what the biggest trends and stories of 2019 are going to be, and more from the latest issue.
Catch Harsh Mariwala, the man behind Marico - the maker of popular household brand Parachute, at his candid best in a conversation with Fortune India.
March quarter earnings point to growing sales, but falling profitability. Sustaining demand, NPAs resolution, and the government’s stance in a pre-poll year will be key for FY19 earnings.
A Nielsen report shows consumer goods consumption growth in rural markets has bounced back post-demonetisation and GST to faster rates compared to urban markets.
The sector will see revenue growth of 11-12% in FY19 compared with 8% in the previous year.
