Tag Archives: Tougher
More challenging project fin concepts hit PSU infra NBFC shares
Business new tamfitronics Mumbai: RBI's proposal to tighten lending requirements for project financing by banks and NBFCs weighed on investor sentiment as they offered PSU shares esteem PFC, REC and Ireda on Monday, flattening costs by as worthy as 12% intraday. Brokerages CLSA and IIFL, then as soon as more, assured traders that the affect of the proposals, even supposing made into concepts, could per chance also simply now not be worthy on the profitability of project financiers.It could perhaps perhaps per chance then as soon as more in fact useful them to enjoy up their capital to meet regulatory requirements.On Monday, after dipping sharply in opening trades, PFC closed 8.9% down at Rs 438, REC closed 7.4% down at Rs 517 and...
