Tag: FY19

Banks need to lend Rs 1 lakh crore to meet MUDRA target for FY19

With less than one month left in the current fiscal, banks will have to work overtime to meet the MUDRA loan lending target of Rs 3 lakh crore, as only about Rs 2 lakh crore have been disbursed till February 22.

March 3, 2019

PSU banks recover Rs 98,000 crore in first 3 quarters of FY19

The provision coverage ratio (PCR) of the banks for bad loans have also risen to 70 per cent from 46 per cent after the asset quality review (AQR) last year.

February 28, 2019

National Stock Exchange expects to get listed by FY19

The National Stock Exchange of India Limited (NSE) is hoping to launch its initial public offer in the current fiscal after resolving all related issues, an official said here on Thursday. The bourse is also considering tweaking its SME platform to create a segment for the start-up community, the official said. “We will get the...

June 14, 2018

Economic growth likely to hit 7.5% in FY19: Niti VC Rajiv Kumar

Niti Aayog Vice Chairman Rajiv Kumar expects India's economy to grow by at least 7.5 per cent in 2018-19 on the back of improvement in investment cycle and capacity utilisation.

April 28, 2018