The government guarantee will cover all security receipts (SRs) issued by the new bad bank while acquiring non-performing assets (NPAs), said a senior executive aware of the deliberations.
Data showed four of eight stocks, where retail investors hiked stakes by over 100 basis points during the March quarter, delivered negative returns between 18 per cent and 44 per cent.
Three weeks ago, high-flying businessman Iqbal Sharma was dancing a seductive tango with his wife, Tarina, at her lavish birthday party in their Sandton home.