Liquidity management, asset quality among pillars for NBFC growth: RBI DG

RBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management for sustainable growth. Asset quality and customer protection are also crucial for the sector’s stability. Digital transformation and robust cybersecurity are essential for future operations. The regulator aims for proportional regulation and financial stability…

Swiggy’s CREW forays into travel

Swiggy’s CREW platform has launched as a dedicated personal travel concierge service. This service plans, books, and curates entire journeys with on-site assistance. CREW offers round-the-clock support and real-time itinerary changes for travellers. Human concierges, backed by AI, provide fast and personalized responses. Travellers can access exclusive hotel rates and priority pricing through CREW’s network.

Quote of the day by Bill Miller: “Markets are all about expectations, and the critical question for investors is always, what is discounted? Are the expectations reflected in market prices too high, or too low?”

Bill Miller’s investing philosophy highlights how stock prices reflect future expectations, not just current performance. Investors should assess whether growth prospects are already priced in, as overly optimistic expectations can limit gains while low expectations may create opportunities.