M&M, Avenue Supermarts among 6 large & midcap stocks surpassing 100-day SMA

​Amid mounting concerns over delinquencies, public sector lenders have assured the finance ministry that they do not see any systemic risks emanating from small unsecured loans as their overall exposure remains small.

India is considering a plan to allow surpluses in Special Rupee Vostro Accounts (SRVAs) to be invested in corporate bonds in order to give a push to international trade settlement in rupees. Under existing regulations, investment from SRVAs is restricted to government securities and treasury bills.

Entities controlled by the billionaire Burman family, the largest shareholders of Religare Enterprises Ltd, have written to the Securities and Exchange Board of India (Sebi) and stock exchanges, seeking a probe into trades in the shares of the financial services firm by chairperson Rashmi Saluja.