1) The business of LIC Housing Finance is back to pre-Covid levels, its Managing Director and Chief Executive Officer Siddhartha Mohanty has said. Mohanty said housing finance companies witnessed excellent growth in September due to by various incentives by builders and the momentum would continue with the onset of the festive season. LIC Housing Finance is growing good in the affordable segment, while the premium segment has also seen an uptick. "In Mumbai, we are registering good growth because of the reduction in stamp duty. 2) SBI positive comments by chairman Dinesh Kumar Khara lifted the stocks. Yesterday he said that the lender's business has recovered to around 70-80% of pre- Covid levels. Khara said his focus would be on credit quality, preservation of net interest margins (NIMs) and employee safety because of the pandemic. Moreover, the fall in 10-Year G-Sec Yield will be positive for PSU banks. 10-Year G-Sec yield declined 8-bps to 1-month low at 5.92%. The fall is after the RBI announcement of issue of OMO in its Credit policy. #MOMarketUpdates#MotilalOswal#Indianstockmarket#LIChousing#NBFC#Nifty#Sensex#PSUBank#SBI#LIC#realEstate#home#Newhome
Posted On:09 Oct 2020 6:03 PM
is on 21st June and on this occasion we are sharing some songs that express our mood & market movement. Comment with song that convey your feelings for the market. . . . . .
Posted On:20 Jun 2020 7:50 PM
May this new year bring you health, happiness & prosperity.
Posted On:14 Apr 2020 8:00 AM
Wish you all a very successful new financial year!....
Posted On:01 Apr 2020 8:00 AM
May this new year bring prosperity and happiness in your life.
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