Easier access to funds and lower costs could mean NBFCs could save 25-50 basis points on bank loans due to lower banking risk weightages for the sector. One basis point is 0.01 percentage point.
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A
Gaurs Group is investing Rs 100 crore to establish a precast manufacturing plant in Greater Noida, partnering with Elematic India for advanced concrete technology. This
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