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Explained: What RBI’s extension of loan moratorium means – The Indian Express

by abhinav | May 31, 2020 | News

According to data provided by different banks, nearly 30 per cent of their outstanding loans have come under moratorium so far. For some banks, this figure is almost 70 per cent. Read More

reported by Sunny Verma at The Indian Express

Mutual funds invest Rs 1,230 crore in equities during lockdown; keeping high liquidity for possible redemptions – Moneycontrol

by abhinav | May 31, 2020 | News

Going ahead, the primary factor that will determine mutual fund (MF) investment into equity will be their own inflows from investors. Read More

reported by at Moneycontrol

Pfizer CEO says COVID-19 vaccine likely to be ready by October this year; ‘will have enough evidence of… – Firstpost

by abhinav | May 31, 2020 | News

Pfizer is working with German firm Biontech for several possible vaccines in Europe and the United States, said the report. Read More

reported by at Firstpost

COVID-19 likely to hit Infosys’ growth numbers in FY21 – Moneycontrol

by abhinav | May 31, 2020 | News

Project terminations, pricing pressure and deferrals will impact profitability and revenue. Read More

reported by at Moneycontrol

Federal Bank does well in Q4, needs more insurance against coronavirus – Livemint

by abhinav | May 31, 2020 | News

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The lender?s operating profit may come under stress on deceleration in loan growth due to the pandemic Read More

reported by Aparna Iyer at Livemint

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