Nirmala Sitharaman announces infusion of Rs 45,000 cr for NBFC

[ad_1] The government on Wednesday launched a life preserver to the stressed shadow Indian banking sector with an announcement of a Rs 45 billion liquidity infusion through a Partial Credit Guarantee Scheme (PCGS) 2.0 for non-bank financial companies ( NBFC) Union Finance Minister Nirmala Sitharaman made the announcement as part …

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For Maruti, things would only get worse before they got better

[ad_1] Maruti Suzuki India Ltd (Maruti) encountered a host of challenges that disrupted its performance in the March quarter (Q4FY20). And, things can only get worse before they improve in the long term. Fourth quarter performance was affected by weak demand, relatively higher discounts, plus an adverse product mix with …

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