Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an apparent end to rules which triggered a major debt crisis that continues to this day.
UBS upgrades Bajaj Finance shares, LT Finance as it sees NBFCs better placed than banks. Here’s why
UBS upgraded Bajaj Finance to Neutral and L&T Finance to Buy, citing improving asset quality and a revival in unsecured lending. The brokerage sees scope