Tag: CRR

Sensex, Nifty see sharp recovery after RBI MPC cuts CRR by 50 bps to 4% – CNBC TV18

[ad_1] The benchmark indices staged a sharp recovery on Friday, December 6, with the S&P BSE Sensex gaining over 400 points and the NSE Nifty50 nearing 24,800 levels. Company Value Change %Change This rally was seen after the Reserve Bank of India decided to reduce the cash reserve ratio (CRR) by 50 basis points to […]

PNB Housing Finance eyes 17-18% growth in retail loan book over next couple of years – CNBC TV18

[ad_1] PNB Housing Finance aims to grow its retail loan book, which is now about 98% of overall book, by 17-18% over the next couple of years. MD & CEO Girish Kousgi told CNBC-TV18 that the target is to increase the retail loan book to ₹1 lakh crore by 2026-27 (FY27), with a well-balanced distribution […]

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