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Finance & Markets

European Shares Seen Mostly Higher At Open

(RTTNews) - European stocks are seen opening broadly higher on Monday as investors keep a close eye on geopolitical developments in the Middle East and ponder the U.S. Federal Reserve's next move on interest rates.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

Read the original at nasdaq.com →

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The RBI’s revolving-credit rule treats every NBFC like a bad lender

The post The RBI’s revolving-credit rule treats every NBFC like a bad lender appeared first on The Ken .

  • RBI proposes new rules prohibiting most NBFCs from offering revolving credit.
  • Revolving credit allows borrowers to repeatedly borrow and repay the same amount.
  • NBFCs like Bajaj Finance and Tata Capital would be affected by the proposed rules.

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