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Here's what analysts say on RBI risk weight increase - The Hindu BusinessLine

Here's what analysts say on RBI risk weight increase - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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RBI tightening of unsecured loans: Banks may need Rs 84,000 crore excess capital

The Reserve Bank of India decided to increase the risk weight on the exposure of banks to consumer credit, credit card receivables and non-banking finance companies.

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Textiles Industry To Be Stable In FY22, Expected To Touch Pre-Covid Level: ICRA

Textiles industry to be stable in FY22, expected to touch pre-Covid level: ICRA The recovery in the domestic textile sector, that picked up pace in Q3 FY2021, is likely to continue in the upcoming quarters, said ICRA. January 14, 2021 / 08:14 AM IST Trident | In 2021 so far, the stock gained 49 percent to Rs 14.74 as of January 11 from Rs 9.98 as of December 31, 2021. Rating agency ICRA on Wednesday said the textile industry s performance will recover to pre-Covid levels in the next fiscal on account of boost in demands from domestic as well as export markets. The agency assigned outlook for the sector as stable for FY2022.

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