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19.01.2022 / 22:48

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Covid third wave yet to derail bank loan recoveries

MUMBAI :

India city Mumbai pandemic Waves reports

Covid-19 impact on Bajaj Finance seen to be temporary, say analysts

Bajaj Finance recently outlined the impact of the second wave of covid-19 infections on its business, analysts said the moderation would be temporary."We see temporary moderation in these businesses and expect some part of the lost demand to be compensated by the start of the unlocking," analysts at Motilal Oswal said in a report on 6 June.“With good pent-up demand, we may see a positive surprise in the second half– provided there is no impact in the form of a third covid-19 wave, or the wave is less intense in nature," the report said.The non-bank lender said on 4 June that business-to-business (B2B) and auto finance businesses were most affected due to strict lockdowns in majority of states.

India covid-19 Waves

Covid second wave: Ongoing lockdowns have hit air-conditioner sales, says report

NEW DELHI : The surge in covid cases seen in April will adversely impact sales of cooling appliances such as air-conditioners, coolers, and fans, a report by brokerage Motilal Oswal said.Over 70% of air-conditioner sales take place between January and June. “AC is a highly seasonal product, with over 70% of calendar year primary sales in this category reported over January-June.

city New Delhi India Waves

Motilal Oswal Mutual Fund's top sectors to bet on, post Covid

2020 marks as one of the most distinguished years with equity market performance divided into several phases as -- pre-covid, during covid and post-covid. While we all wish to come out of the pandemic situation soon, the chaotic stock markets have gained investor interest even more.

2020 pandemic Government

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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