RBI issues draft liquidity coverage ratio norms
LCR is a liquidity requirement for banks to maintain at all times a certain proportion of high-quality liquid assets (HQLA), including cash, reserves with central banks, and federal government bonds, which can easily be converted into cash.
Brokerage Picks: Stocks likely to gain big from Budget measures
Focus on affordable housing as budget announced following incentives PM Awas outlay and allocation of Rs 2.2 trillion under Pradhan Mantri Awas Yojana in the current year is a massive increase. This should help HFCs significantly with PNB Housing being the top pick.
Higher order intake, improving margin may help L&T stock to reduce market under performance
L&T Stock Updates: A significant June quarter growth in Larsen and Toubro’s core order inflow, which excludes services and development businesses, exceeded market expectations.