RBI proposes comprehensive framework for sale of loans

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RBI proposes comprehensive framework for sale of loans

Mumbai: The Reserve Bank on Monday proposed a comprehensive framework for sale of loan exposures, which could be standard, sub-standard or non-performing assets (NPAs), as part of the overall exercise to deepen the market for lending. Loan sales …
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ElectraMeccanica names five states for potential US facility, tours possible Arizona locations

The company is looking for a facility to help meet growing demand for its SOLO electric vehicles in the US. ElectraMeccanica SOLO. ElectraMeccanica, based in Vancouver, is targeting a commercial launch of SOLO in Los Angeles shortly followed by further …
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Intuit Is the Apple of Accounting Software Companies

Despite the company's bright future, investors need to consider multiple factors in deciding whether to buy this stock. Intuit dominates accounting
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SBI lowers MCLR rate by 25 basis points

MUMBAI : India’s largest lender State Bank of India (SBI) on Monday lowered its marginal cost of funds-based lending rate (MCLR) by 25 basis points (bps) across all tenors. Following the cut, effective 10 June, the one-year rate comes down to 7% and is the …
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CrossFit CEO Greg Glassman apologizes for controversial 'Floyd-19' tweet

New York (CNN Business) CrossFit CEO Greg Glassman has apologized for his controversial tweets, in which he criticized the Institute for Health Metrics and Evaluation’s statement that racism is a public health issue. “Floyd-19,” Glassman replied Saturday.
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