Indian Bank MD & CEO Padmaja Chunduru Chennai-based public sector lender Indian Bank, which has completed one year of amalgamation of Allahabad Bank with itself, on Thursday said the three…
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NEW DELHI:The start of a financial year is an ideal time to plan for savings, spending as well as investment, as it helps manage money and achieve goals, say financial…
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The market was plunged into crisis last month when users trading on low-cost retail platforms banded together to drive up the prices of GameStop and other stocks, squeezing hedge…
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Jordyn Woods just flexed for the ‘gram and made fans excited with a video that she posted. She’s trying on some gym merch that’s very popular these days. Check…
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Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one…
- Business
Goldman says stay overweight U.S. equities, Bitcoin not an investable asset class in a portfolio
Goldman Sachs’ private wealth management advisers tell the bank’s clients to stay invested primarily in U.S. equities, advice the firm has reiterated annually since the March 2009 market bottom. “We…
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The experts added that this is one reason fixed deposits are popular. Retail investors can soon buy gilts, both in the primary and secondary markets, by opening accounts with Reserve…
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RBI’s September 2016 circular mandated that, with effect from April 2018, banks would need to continue providing for loans sold as if they still were on the bos. Lenders, backed…
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Aggregate gold loan disbursement was at Rs 57,445.14 crore while the number of live gold loan customers stood at 26.2 lakh (as of December 31, 2020). NBFC Manappuram Finance on…
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Calling for India to play a major role in global vaccination campaign, United Nations Secretary-General Antonio Guterres on Thursday termed the vaccine production capacity of India as the “best asset”…
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A Federal Reserve police officer walks past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images The Federal Reserve kept its…
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The bank’s net interest income (NII) increased 17% y-o-y and 2.4% q-o-q to Rs 4,007 crore. Private lender Kotak Mahindra Bank’s net profit grew 16% year-on-year (Y-o-Y) to Rs 1,854…
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Advances during the December quarter rose 1.7% sequentially to Rs 1.69 lakh crore. Yes Bank on Friday reported a net profit of Rs 151 crore for the December quarter (Q3FY21)…
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Similarly, brerages such as Kotak Securities and Emkay Global have maintained a positive stance on the BoB stock which has risen 24.2% in January till date. By Urvashi Valecha With…
- Finance
Global green asset manager makes first U.S. investment, expects more interest amid Biden presidency
pedrosala | iStock | Getty Images President-elect Joe Biden’s ascension to the presidency will encourage renewable energy projects in the U.S. International investors are taking note. Greencoat Capital, a…
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The bank’s gross NPAs as on December 31, 2020, were 7.69% against 16.77% on December 31, 2019, while net NPAs reduced to 2.59% in the quarter under review against 5.46%…
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Benzinga The Week In Cannabis: Stocks Spike By Double Digits On Earnings, Strong Sales, Financings Cannabis stocks wiy outperformed the markets after a slew of financing deals and strong earnings…
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A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters s of Exxon slipped than 5% on Friday after The Wall Street Journal reported that…
- Finance
Given uncertainty induced by Covid-19 and its real economic impact, asset quality set to worsen sharply: RBI
Fresh slippages remained the highest among PSBs. Reserve Bank of India (RBI) on Tuesday cautioned the modest bad loan ratio of 7.5% at end-September 2020 end “veils the strong undercurrent…
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Annual asset declaration: Bihar CM son reacher than him, deputy CM car lovers, another deputy arms lover
Twelve of 15 ministers in Nitish Kumar government are crorepatis with Mukesh Sahni and Ramsurat Rai being richer than others. Bihar CM Nitish Kumar owns only a flat worth Rs…
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India’s Enforcement Directorate(ED) said today that fugitive Vijay Mallya’s property worth $1.9 million in France has been seized under the anti-money laundering law. French authorities seized the property in France after…