BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong, a Moody's report said on Tuesday. With over half of their total loan portfolios tied to real estate, Hong Kong banks are heavily exposed to the property sector through lending for property development, investment, and residential mortgages.
Open FlipThe company has a market cap of over Rs 5,000 crore and has been maintaining a healthy dividend payout of 80.2 per cent. Balmer Lawrie & Company Ltd, a central public sector undertaking under the Ministry of Petroleum and Natural Gas since 1972, offers a wide range of services in India. They manufacture industrial packaging, greases & lubricants, and leather chemicals.
Open FlipSelect mutual fund categories that offer a higher return when compared to traditional investment avenues can be a better option for building an emergency fund corpus in a shorter timeframe. Currently in a world fretting with high uncertainties, we surely ought to have a contingency fund in place to tide over the unforeseen.
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