Reserve Bank of India restores default loss guarantees for NBFCs
Non-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee forms an integral part of the loan arrangement, the RBI said last week.
RBI initiates talks to ease overseas investment norms
The Reserve Bank of India is seeking input from banks to streamline overseas investment rules. This move aims to simplify procedures and ease compliance hurdles for Indian companies. Discussions are underway to address practical challenges and ambiguities in the current framework. The central bank is looking to clarify regulations and facilitate smoother outbound investments for […]
Traders stay guarded as Nifty turns range-bound, support at 25,100 zone
Nifty faces a range-bound week after failing to breach 26,000. Analysts anticipate cautious trading with support seen at 25,300 and resistance at 25,700-26,000. Traders are advised a wait-and-watch approach. Key stock picks include Bajaj Finance, Torrent Pharma, Tata Motors Passenger Vehicles, Dr. Reddy’s Laboratories, L&T, and Pricol, offering potential trading opportunities.
FPIs trim bearish bets, but no rush to buy yet
Overseas fund managers have reduced bearish derivative bets on India, moving from near-lifetime lows as market pessimism eases. However, they remain cautious, retaining significant short positions due to ongoing AI trade uncertainties on Wall Street. This cautious approach is reflected in the fluctuating Long-Short Ratio of FPIs’ Nifty futures.