The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.

'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over $127 can also be dipped into to help the state-owned bank's recapitalisation needs.

No change in retail prices as oil marketing firms to absorb increase

'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.

Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.

Inventory losses would be more for refineries located away from the coast because they have to stock crude oil for longer periods.Besides inventory losses, operating performance of refiners is expected to remain weak in the first quarter of fiscal 2021 due to lower volumes and weak GRMs

CAIT apprises the government of the difficulties being faced by traders on ground.The reopening of shops is subject to the area being neither a hotspot nor a containment zone

The cut-off yields on the sale of near-term paper were, however, lower than prevailing market yields.According to the auction results, the cut-off yields on the securities bought by RBI was higher than secondary market figures

Retail loan growth is likely to be subdued because of the recent spate of job losses and a sense of uncertainty.Some banks are already seeing higher growth in their corporate book, as compared to their retail loan book

Retailers may go the the extra mile, devising ways to woo customers back while complying with norms on hygiene and social distancing.Besides reaching out to their customers online and apprising them of the safety measures taken, retailers are betting on the word of mouth publicity to bring shoppers back

Digital lenders are seeking guidelines for full digitization and allowing eKYC and eSign mandates.eKYC was suspended for NBFCs as the SC had ruled that private firms cannot force anyone to share Aadhaar data for KYC authentication