[ad_1] Against the ongoing trend, scheduled commercial banks mobilised about four times more in deposits than the credit disbursed in the fortnight ended November 4. While the hard push at branches and aggressive deposit rate hikes are bearing fruit, such a wide gap appears to be an outlier and needs further scrutiny, said bankers. […]
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[ad_1] Actor Sonali Kulkarni, who is known for her work in the Marathi film industry and has delivered good performances in “Dil Chahta Hai” and “Taxi No 9211”, will be soon seen in the streaming series “Dharavi Bank”. The actor who plays a politician in the series and her experience with the portrayal of the […]
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[ad_1] World The Treasury secretary says she is trying to prevent an economic conflict with the world’s second-largest economy from escalating further [ad_2] Source link Source link
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[ad_1] Amid a decade-high credit growth, the short-term market borrowings of banks have surged 100 per cent, so far, in the current financial year as lenders seek avenues to fund the accelerated pace of loan demand. According to the latest data released by the Reserve Bank of India (RBI), borrowings by banks increased to Rs […]
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[ad_1] The share sale in Axis Bank by the government on Thursday garnered more bids than shares on offer. The 46.53 million offer for sale (OFS) received bids for 48.54 million shares from institutional investors, stock exchange data showed. Most of the bids came at an indicative price of Rs 836, higher than the […]
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[ad_1] WSJ News Exclusive Financial Regulation Federal Reserve and Treasury Department have been on alert about the stability of the $24 trillion market [ad_2] Source link Source link
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[ad_1] Equity benchmark Sensex climbed over 230 points to reclaim the 61,000-mark on Monday, propelled by robust buying in bank, auto and metal stocks amid a firm trend in global equities. A strong rupee against the US dollar and persistent foreign capital inflows also supported the domestic equities, traders said. Rising for […]
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[ad_1] Central banks bought a record amount of gold last quarter as they diversified foreign-currency reserves, with a large chunk of the purchases coming from as-yet unknown buyers. Almost 400 tons were scooped up by central banks in the third quarter, more than quadruple the amount a year earlier, according to the […]
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[ad_1] OTTAWA—Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening of financial conditions. “We do expect that interest rates will need to go higher, to get inflation all the way back to the […]
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