Union Government today extended the scope of Emergency Credit Guarantee Scheme (ECLGS) through the introduction of ECLGS 3.0 to cover business enterprises in hospitality, travel and tourism, leisure and…
credit
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“Also, de-growth in large industries and slower growth in housing and NBFCs (non-banking financial companies) segment restricted the overall bank credit growth,” the rating agency said, adding that an increase…
- Finance
Stocks making the biggest moves premarket: Discovery, ViacomCBS, Credit Suisse, PayPal, Roku & more
Check out the companies making heads before the bell: Discovery Communications, ViacomCBS – The two media stocks are higher this morning, after being battered amid the liquidation of stocks involving…
- Finance
How Goldman and Morgan Stanley avoided losses after fund meltdown burned Nomura, Credit Suisse
People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters When investors are stampeding for the…
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(Bloomberg) — Nomura Holdings Inc. and Credit Suisse Group AG both plunged than 15% after saying they may face “significant” losses, as some of the world’s biggest banks tally…
- Finance
Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura & more
Take a lo at some of the biggest movers in the premarket: Discovery Communications (DISCA), Viacom (VIAC) – Both stocks remain on watch this morning, after significant decs last week.…
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Credit Suisse bank. NurPhoto | NurPhoto | Getty Images LONDON — Credit Suisse warned Monday of a “highly significant” hit to its first-quarter results, after it began exiting positions with…
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Our restructuring was planned initially for around 3%, but now it los like our restructuring would be less than 1% because many of the segments where we had initially expected…
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Credit: Chase Bernath / Android Authority Alongside the OnePlus 9, this week the OEM launched its first-ever smartwatch: the OnePlus Watch. From now until April 14, you can claim a…
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Bloomberg iveroo Kicks Off $2.5 Billion IPO, U.K.’s Largest in 2021 (Bloomberg) — Food-ivery startup iveroo Holdings Plc started taking investor orders in a sale of as much as…
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When any adversity hits, we as human beings put our rational thought process on the back-burner and err. If these decisions are linked to financial matters, then the cost multiplies,…
- Cricket
‘I Would Love To Credit Vikram Rathour’ – Ravichandran Ashwin Reacts After Scoring An All Important Hundred
Ravichandran Ashwin has put all those talks about the deteriorating pitch in Chennai to rest after smashing an enthralling hundred on Day 3 of the 2nd Test between India and…
- Finance
MSME lender SIDBI posts Q3 net profit of Rs 630 crore as NII grows, credit growth remains strong
SIDBI saw a 22 per cent jump in net worth to Rs 20,694 crore for the nine-month period of FY21. Credit and Finance for MSMEs: Small Industries Development Bank of…
- Business
Credit Suisse upgrades Embassy Office Parks REIT, sees upside potential after sharp underperformance
Challenges in terms of re-leasing remain for Embassy REIT. Embassy Office Parks Real Estate Investment Trust (REIT) posted a 3% increase in revenue from operation over the previous year, but…
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The 24-year-old Child Tax Credit was designed to aid families with the costs of raising children. But as the economic turbulence from the coronavirus pandemic continues to affect millions of…
- News
McManus: George P. Shultz was the best recent secretary of state, even if he doesn't always get credit
When foreign policy scholars list the best secretaries of state of the last half-century, the usual choices are Henry A. Kissinger, the brilliant but amoral strategist who arranged Richard M.…
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To start with, the ticket size would be at around Rs 3 lakh and will be enhanced depending on performance. Bank of Maharashtra on Monday said it has entered into…
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West Indies’ greatest cricket captain Clive Lloyd wrote an open letter to the current West Indies which inspired them to one of the greatest Test wins in the history of…
- Finance
‘Expect double digit credit growth by Q2FY22’: Dinesh Kumar Khara, chairman, State Bank of India
I think at the end of the financial year 2021 (FY21), our credit growth should be around 7%. The country’s largest lender, State Bank of India (SBI), expects a double-digit…
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We raise our FY21E estimate by 20% due to lower credit cost while largely maintaining our FY22E/FY23E estimates. Maintain ‘buy’. ICICIBC reported a strong 3QFY21, with earnings driven by steady…
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Apple has notified rs of its Apple TV Plus streaming service that they’ll continue to get refund credits on their accounts until June, following a second extension of its free…
- Finance
Robinhood raises $1 billion and taps credit lines to make trading of GameStop available to customers
Robinhood raised $1 billion overnight from investors to shore up its balance sheet as the brerage app was set to ease restrictions in the trading of certain volatile stocks, according…
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Skydance Media has set a substantial refinancing, closing a four-year revolving credit facility worth up to $1 billion. The facility, led by J.P. Morgan, is initially valued at $500 million…
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Modern Family co-creator Steve Levitan to to to pay tribute to the late, great Larry King with a story about the time when the iconic media figure found his credit…
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Rahul Dravid was on the minds of everyone when team India youngsters were dominating Australia in their backyard. The likes of Shubman Gill and Rishabh have all been groomed by…
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“Effectively, this has ensured a continued regulatory support to MSMEs, which form a major part of the loan portfolio of SFBs,” RBI said. Small finance banks (SFBs) have been able…
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