Lack of Clarity: ICICI shuts out crypto trades – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/lack-of-clarity-icici-shuts-out-crypto-trades/articleshow/82337734.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis–India’s largest private sector lender ICICI Bank is distancing itself from Bitcoin and other cryptocurrencies amid conflicting signals from the Supreme Court and

ITC has underperformed despite positive sentiment. Is the market right in punishing the stock? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/itc-has-underperformed-despite-positive-sentiment-is-the-market-right-in-punishing-the-stock/primearticleshow/82297785.cms Synopsis–Since 2014, the ITC stock has been a laggard. But things are changing post the company’s huge investment in the non-tobacco category. There

Jaypee Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lenders – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/jaypee-infratech-insolvency-nbcc-sweetens-bid-to-offer-up-to-1903-acres-land-to-lenders/articleshow/82315910.cmsSynopsis Earlier this month, NBCC and Mumbai-based Suraksha group submitted their fresh bids to acquire Jaypee Infratech through the insolvency process, as per the

New Bank of India: How a Shree Cement promoter transferred INR3,000 crore shares to private entities for a pittance – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/how-a-shree-cement-promoter-transferred-inr3000-crore-shares-to-private-entities-for-a-pittance/primearticleshow/82183964.cms SynopsisNBI Industrial finance quietly transferred its shareholdings to its parent entities for just INR89 crore. InGovern Research, which unearthed these deals, calls for

Loan growth touches new low in the pandemic year – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-growth-touches-new-low-in-the-pandemic-year/articleshow/82332926.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Gayatri NayakEditor, The Economic TimesSynopsis The pandemic led contraction in economic activity led to a sharp slowdown in credit demand Non-food bank credit

Yes Bank pins hopes of economic recovery even as slippages rise – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-pins-hopes-of-economic-recovery-even-as-slippages-rise/articleshow/82331201.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis CEO Prashant Kumar said he expects the economy to recover faster this fiscal amidst the second wave of Covid led by faster vaccinations

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