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.
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher
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