China's Big Banks Brace For Lagging COVID-19 Risks As Bad Loans Rise in Top Business News- News18.com published on August 30, 2020 leave a reply Four of China's five largest stateowned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global coronavirus pandemic. from Top Business News- News18.com https://ift.tt/2YJDEb5 Tweet Share Share Share Share Previous Post FM Nirmala Sitharaman to Meet Bankers on Loan Recast on Thursday Next Post Bank Of China First-half Profit Falls 11.5%, Steepest H1 Fall Since Market Debut post written by: Rohit Related PostsSensex Slides 500 Points in Post-budget Trade; Auto stocks, PNB, Yes Bank in FocusThe S&P BSE Sensex declined 501.66 points, or 1.27%, to 39,011.73 at 10:40 am, while the Nifty 50 was down 154.80 points, or 1.31%, to 11,656.35. from Top … Continue ReadingSensex Falls Over 400 Points After Major Selloff in Global EquitiesThe 30-share index was trading 405.67 points, or 1.03 per cent, lower at 39,107.72 at 0930 hours. Similarly, the broader Nifty sank 128 points, or 1.08 per cent… Continue ReadingPNB Stocks Dip by 10% After Lenders Detect Fraud by Bhushan Power & Steel Ltd Worth Rs 3,800 CroreThe fraud, alleging diversion of funds from the banking system, was being reported to the RBI on the basis of the findings of the forensic audit and the CBI fil… Continue ReadingCentre to Monetise Multiple Land Assets, Strategic Sale of 29 Govt-Run CompaniesThe government has bet on disinvestment and land asset monetisation to raise over Rs 1 lakh crore this year. A virtuous cycle for sell-off and land asset sale c… Continue ReadingMindtree Shares Plunge 14% as Top Management Resigns After L&T Acquires Controlling StakeThe company said they will stay as board members till July 17 and as employees in line with their employment contracts to ensure a smooth transition. from Top … Continue Reading
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