HSBC raises HDFC’s target price to Rs 2,500, says NBFC crisis to help co gain market share 03:18am, Saturday, 15’th Jun 2019 The target price increase comes after the recent rating downgrade of HDFC by Nomura.
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HSBC raises HDFC’s target price to Rs 2,500, says NBFC crisis to help co gain market share June 14, 2019 – 11:33 PM India Times The target price increase comes after the recent rating downgrade of HDFC by Nomura.
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This is not the first instance when credit rating agencies have been caught slumbering in a debt market crisis. Market regulator Sebi has now tightened the norms for credit rating agencies in an attempt to restore investor faith in the system. Actually, the crisis in the NBFC sectors has cascaded into the entire financial sector, threatening to.
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