The government on Friday announced a slew of measures to ensure that loans for home, vehicles and consumer goods become cheaper and widely available through banking and non-banking finance companies. Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction. She said that banks will launch repo …

Bajaj Finance stock fell 4% today post the announcement of its first quarter results, for the period ended June 2019. In all, the stock has lost 12% in the last two months as the slowdown in consumption has begun to show in the company’s performance. Bajaj Finance, the country’s most valuable lender, said in its investor presentation that credit disbursals …

Retail inflation, which touched a seven-month high in October, is expected to rise further and cross the 4 per cent mark this month, driven by rise in vegetable and oil prices, experts say. According to global financial services majors like Nomura, BofAML and Morgan Stanley, price pressures are likely to build further in the coming months following a cyclical recovery …