It said that if banks direct more funds to the sector, mostly the strongest NBFCs are likely to be benefited.
As my information, the discussion for stress fund is on in the Finance Ministry, said Housing Secretary Durga Shanker Mishra.
Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.
There are expectations that the government would come out with sector-specific stimulus sometime soon.
India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.
Silver ready plunged Rs 1,100 to 43,900 per kg, while weekly-based delivery fell Rs 113 to Rs 43,422 per kg.
Yes Bank plummeted 7.11 pc on concerns over its stake in CG Power, which has been hit by financial irregularities.
Crude oil for delivery in September was trading lower by Rs 21, or 0.52 per cent, at Rs 3,994 per barrel.
The S&P BSE Mid-Cap Index fell 1.32 per cent, while the S&P BSE Small-Cap Index plunged 1.43 per cent.
Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.
Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.
The move is expected to generate an additional lending and liquidity in the financial system of upto Rs 5 lakh crore, said FM.
CFO optimism index increased only by 0.6 per cent, on a year-on-year (YoY) basis, to 106.0 during Q3 (July-September) 2019.
Parle is not the only food product company to have flagged slowing demand.
Maruti may operate just one shift at factories.
Deliveries of the electric scooter commenced on July 1.
There was panic that the govt was going the whole hog on electric vehicles.
The MG Hector is available in four variants: Style, Super, Smart and Sharp.
As the Finance Ministry has been receiving several grievances related to GST, the minister tried to assuage some of the concerns.
Icra attributed this to a slowdown in the expansion of industry (from 9.8 per cent to 5 per cent) and agriculture (from 5.1 per cent to 2 per cent).
Transactions at grocery stores accounted for 24 per cent of the total volume on Independence Day.
Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of USD 162.7 billion.
Man-made textile is one among the products from China upon which Trump administration has levied additional tariff recently.