RBI’s bumper payout to limit big ticket divestment; govt to maintain Rs 50k cr target: Report

The record Rs 2.1 lakh crore dividend payout by the Reserve Bank of India will limit the need for big-ticket divestment, a domestic rating agency said on Thursday. Care Ratings said the new government will retain the interim budget’s Rs 50,000 crore target on receipts from divestments. “With a bumper dividend from the RBI, the central government’s fiscal position remains comfortable, which may limit the urgency to push ahead with big-ticket divestments,” it said. If there is a shortfall in the resource accretion, the government will prefer asset monetisation, it…

Srei: Srei lenders will maintain cash on the books till the companies are sold

[ad_1] Mumbai: Acquisition of Twins sarei This will cost the companies a bit for the potential bidder. Last week, Lenders passed a resolution that the cash balance in companies in their time transfer Two people aware of the development said that cash may not be part of the offer made by the applicant. A senior executive of a consulting firm said this is different from the previous proposals, in which the bidders were beneficiaries of the proceeds earned during the Corporate Insolvency Resolution Process (CIRP), which helped them reduce acquisition…

Stock Market Trading: Mind Over Money: Sachin Gupta shares 12-point checklist for traders to maintain mental health

[ad_1] Five-day work week, weekend permanent vacation, no presentation or annual goal – some might call it a dream life, but for a trader, it is not a dream job as it comes with its own set of challenges, Sachin Gupta, CEO and Whole Time Director, Share India. equity The market has changed a lot over the past 20 years and so has business. The markets have seen a paradigm shift since the 1990s due to the development of technology – from the ‘Badla’ system to electronic trading on the…