*Business Standard :*
Ø NBFC funding to commercial sector plunges 20%: RBI
Ø Govt to announce two big steps to boost industry
Ø Bank fraud touches Rs 71,543 crore in 2018-19: RBI
Ø Stimulus package "too little, too late": Fitch
Ø Wipro expands its partnership with Google Cloud
Ø Client securities: Sebi extends deadline by a month to implement new provisions
Ø Banks contain gross NPAs at 9.1% in FY19: RBI
Ø Currency in circulation increases 17% in FY19 to Rs 21.1 trillion: RBI
Ø Coal India gets jittery over 100% FDI, commercial mining in sector
Ø ONGC plans to borrow $2 billion through overseas debt programme
Ø Foreign players to get nod for offshore G-secs: RBI annual report
Ø Tiger Global, WestBridge Capital lead $42 million funding round in Vedantu
Business Line
*Mint :*
Ø ADB willing to lend over $12 billion to India over the next three years
Ø Ambani: India will be leader in adopting technologies of 4th industrial revolution
Ø Essel to sell solar power assets to Adani Green Energy for ₹1,300 cr
Ø Despite mild inflation, crops expected to get better prices
Ø JM Financial’s PE arm invests ₹45 cr in Mumbai-based Innovcare Lifesciences
Ø Mutual funds continue to cut exposure to debt of NBFCs
Ø MG Motor ties up with Delta Electronics for setting up charging stations
Ø RBI’s FY19 profit rises over three-fold at Rs1.76 trillion
Ø Adani Green to pick up 205MW of solar assets from Essel for ₹1300 crore
Ø Reliance Jio market share may jump to 45%: India Ratings
Financial Express
*Deccan Chronicle :*
Ø RBI to soon issue new salary norms for private, foreign bank heads
Ø Tata Projects executes 41.42-km transmission line in Thailand
Ø RBI plays down deepening slowdown as just ‘cyclical downswing’
Ø Microfinance industry grew by 42.9 per cent in Q1 of FY20
Ø Sensex tanks 383 points on F&O expiry; Nifty ends below 11,000
Ø Gold crosses record Rs 40,000-mark as recession fears seep in
Ø Auto sales to decline sharply across segments this fiscal
Ø Retail FDI norms to increase exports
By: via @AlliesFin Serve T.ME/ALLiESFiN
