The Reserve Bank of India's (RBI) decision to maintain higher risk buffers is expected to strengthen its balance sheet and support India's macroeconomic fundamentals, especially at a time when global oil prices are expected to remain benign, according to a recent report by ICICI Bank.
Mumbai (Maharashtra) [India], July 7 (ANI): The shares of Bajaj Finance jumped by 3.9 per cent in the afternoon on Tuesday, a day after the company said it may consider additional accelerated provisioning for COVID-19 in Q1 FY21 and to further strengthen its balance sheet.