Crisil: Buy
At 34 times earnings, the valuation may appear stiff; it is justified when one considers the substantial and productive growth prospects. Crisil's advisory, research and information services, run through its subsidiaries and joint ventures, ...
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FOREIGN BANKS
Foreign banks reduce gross, net NPAs
Foreign banks operating in the country outperformed domestic banks in non-performing assets (NPAs), both in gross and net terms in the financial year 2004-05, says a study carried out by industry chamber Assocham. After ...
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CREDIT MARKET
RBI meet on quality of credit
Several participants appreciated the emphasis extended by the Reserve Bank of India on the quality of credit and financial stability in the apex bank's Annual Policy Statement 2006-07. The discussion, which was organised by the ...
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SIDBI, Nabard credit arrangement is `cosmetic tinkering'
The mere fact that SIDBI and Nabard have agreed to evolve a viable credit dispensation arrangement to provide resource support to NBFCs catering to the needs of the SME sector and agri-related activities is "cosmetic tinkering", according to Mr ...
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