PM Modi interacts with top bank officials, says govt ready to take any steps to support banking system
Prime Minister Narendra Modi on Wednesday held a meeting with top bankers and said his government is firmly behind the banking system and is ready to take any steps necessary to support and promote its growth. In the virtual meeting, attended by CEOs of banks and NBFCs, the Prime Minister emphasizing crucial role played by the financial and banking system in supporting growth, noted that the small entrepreneurs, SHGs, farmers should be motivated to use institutional credit to meet their credit needs and grow. More here
Bharti Airtel shares gain after better than expected Q1 earnings
Shares of telecom operator Bharti Airtel gained over 2 percent after the company reported better than expected earnings for the first quarter of fiscal 2021. The stock gained as much as 2.2 percent to intraday high of Rs 579 apiece on the BSE. Though the company’s net loss during the quarter widened to Rs 15,933.1 crore from Rs 5,237 crore…
