EOD Update 02-03-2019

No open offer exemption without IBC: SEBI
The new rule is not applicable to lenders.

Blackstone CEO Schwarzman pockets at least $568 million in 2018: filing
In 2018, Gray received total compensation of $87.8 million.

Ex-Deutsche Bank Veteran Takes on ‘Bad Boy’ of Banking

The bank’s tier 1 common equity ratio was at 9.1 per cent at the end of last year, the lowest among its major private-sector peers.

7% Is No Downward GDP Growth For Current Fiscal: Subhash Chandra Garg

Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), said the Second Advance Estimates of GDP factored in a higher base.

Reduce refinancing risk for NBFCs to boost securitisation
Going forward, NBFCs must bridge the asset-liability maturity gaps.

Punjab cabinet gives nod to disburse Rs 25 per quintal to cane growers
The decision in this regard was taken during the meeting of council of ministers led by Chief Minister Amarinder Singh here.

Central Bank Of India Puts Rs 3,300 Crore Of Bad Loans on Auction: Report

The accounts are Bombay Rayon Fashions Ltd, Alok Industries (Rs 1,251 crore), Bhushan Power & Steel (Rs 1,550.07 crore) and Essar Steel (Rs 423 crore).

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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