Today's Sector News - 10.10.2019: 09.00 Am

Today's Sector News - 10.10.2019: 09.00 Am
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* BANKING: Finance minister Nirmala Sitharaman will meet heads of public sector banks on Monday to take stock of the recent measure to push credit and revive growth before the festival season.

* FINANCE: Reliance Commercial Finance has defaulted on interest payment of non-convertible  debentures, which were due on Monday.

* TELECOMMUNICATION: The Telecom Regulatory Authority of India has refuted media reports that have claimed that active subscriber base of direct-to-home services has seen a 25% drop, and average active subscriber base has reduced to 54.26 mln in Apr-Jun from 72.44 mln in Jan-Mar.

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