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Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy

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Loan restructuring and other measures announced by the government to help the industry hit by the coronavirus pandemic may save public sector banks from "shock" in the next year, a top finance ministry official said.

Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy
Loan restructuring and other measures announced by the government to help the industry hit by the coronavirus pandemic may save public sector banks from "shock" in the next year, a top finance ministry official said.
Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish Panda told .

Market Movers

CompanyPriceChange%Loss
Asian Paints3,010.80 -57.75
Bajaj Finance6,016.80 -99.20
Nestle17,436.55 -212.60
HUL2,490.25 -24.10
Kotak Mahindra1,757.10 -14.95
CompanyPriceChange%Loss
Asian Paints3,010.85 -58.70
Bajaj Finance6,017.40 -98.45
Nestle17,451.20 -191.30
HUL2,489.60 -26.50
IndusInd Bank1,000.35 -7.45
CompanyPriceChange%Gain
Maruti Suzuki7,265.40 365.50
UPL802.50 30.30
Shree Cements29,239.05 1,013.70
Wipro556.55 14.40
SBI Life Insura1,007.00 25.45
CompanyPriceChange%Gain
Maruti Suzuki7,263.75 362.25
Larsen1,499.15 32.25
UltraTechCement6,856.50 75.25
TCS3,300.65 28.20
Titan Company1,756.80 13.90

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.36500.26500.36
Euro-Rupee88.2900-0.0280-0.03
Pound-Rupee103.1750-0.0880-0.09
Rupee-100 Yen0.67250.00090.13