Clipped from: https://www.business-standard.com/article/international/us-fed-s-loans-will-provide-2-trn-of-liquidity-in-banking-system-jpmorgan-123031600305_1.html The Bank Term Funding Program should be able to inject enough reserves into the banking system to reduce reserve scarcity and reverse the
Day: March 16, 2023
👍👍👍👍👍Reliance market-cap falls below Rs 15 trillion; stock down 9% in six days | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/reliance-market-cap-falls-below-rs-15-trillion-stock-down-9-in-six-days-123031600267_1.html At 09:38 AM; Reliance Industries’ market-cap stood at Rs 14.94 trillion on the BSE, the exchange data shows. Shares of Reliance Industries (RIL) hit a
👍👍👍Bank stocks can slide more; stay away for now: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bank-stocks-can-slide-more-stay-away-for-now-analysts-123031600359_1.html Analysts expect the underperformance in bank stocks to continue ahead as the current fears around the banking sector globally are likely to persist
🙏🙏🙏🙏🙏🙏🙏Global uncertainty rising, need to maintain margins of safety: V Nageswaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/global-uncertainty-rising-need-to-maintain-margins-of-safety-v-nageswaran-123031600460_1.html CEA V Anantha Nageswaran said the global uncertainty has been rising after the recent developments in the US and govts, businesses and individuals
👍👍👍IT hardware manufacturers flag PLI investment clause; cite demand issues | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-hardware-manufacturers-flag-pli-investment-clause-cite-demand-issues-123031600627_1.html The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further
👍👍👍👍👍How to download voter ID card online? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/how-to-download-voter-id-card-online/article66540658.ece?cx_testId=21&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXJOFLQUQ3HI#cxrecs_s Voter ID card or E-EPIC can be downloaded online in few steps. Voter ID card or EPIC (Election Photo Identity Card) is issued
👍👍👍👍👍To hike or not to hike? Fed’s next move in question as bank crisis feared – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/to-hike-or-not-to-hike-feds-next-move-in-question-as-bank-crisis-feared/article66624708.ece Now, the Fed needs to respond in real-time to turmoil in the banking system after the collapse of SVB and Signature Bank and
👍👍👍Credit Suisse to borrow up to $54 billion from Swiss National Bank to boost liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-to-borrow-up-to-54-billion-from-swiss-national-bank-to-boost-liquidity/article66625503.ece Credit Suisse to pre-emptively strengthen its liquidity by borrowing from the Swiss National Bank up to CHF 50 billion under a Covered Loan
👍👍👍Credit Suisse is more relevant to India’s financial system than Silicon Valley Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-is-more-relevant-to-indias-financial-system-than-silicon-valley-bank/article66625655.ece Given the Credit Suisse’s relevance to India’s banking sector, there would be softer adjustments in assessment of counter-party risks, especially in the derivative
Aadhaar: UIDAI waives online Aadhaar update fees; know more – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/aadhaar-update-know-how-to-update-your-aadhaar-card-for-free-on-uidai/article66625615.ece UIDAI makes online document update in Aadhaar free of cost till June 14. Aadhaar issuing body UIDAI (the Unique Identification Authority of India) has allowed
👍👍👍👍👍Impact of PMLA tweaks on cryptos, FPIs, non-profit companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-impact-of-pmla-tweaks-on-cryptos-fpis-non-profit-companies/article66625691.ece Tweaks aim to give more teeth to money laundering prevention efforts Crypto exchanges come under the scanner of anti-money laundering laws | Photo
FPIs gets 7 working days time to report any changes to SEBI, depository participants – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/fpis-gets-up-to-7-working-days-time-to-report-any-changes-to-sebi-depository-participants/article66625766.ece Presently information needs to furnished forthwith; SEBI notifies changes effective March 14 Foreign portfolio investors (FPI) will get time up to seven working
Microsoft Bing GPT-4 chatbot can now be used by all – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-bing-gpt-4-chatbot-can-now-be-used-by-all/article66626474.ece Users can now gain immediate access to the GPT-4 powered chatbot without joining the waitlist Microsoft has removed its waitlist for the AI-powered Bing Chat
👍👍👍👍👍👍👍No case for extending gold ‘hallmarking’ deadline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/no-case-for-extending-gold-hallmarking-deadline/article66623798.ece Hallmarking and assaying centres may have to be increased going ahead Jewellers have been given enough time to comply with the new hallmarking
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios
👍SVB says Goldman Sachs was the buyer of portfolio it booked losses on | Business Standard News
lipped from: https://www.business-standard.com/article/international/svb-says-goldman-sachs-was-the-buyer-of-portfolio-it-booked-losses-on-123031500258_1.html The loss on the portfolio was the reason SVB, a technology-focused lender known as Silicon Valley Bank, attempted a $2.25 billion stock sale
👍👍👍Credit Suisse left in the lurch, sparks selloff across global markets | Business Standard News
Clipped from: https://www.business-standard.com/article/international/credit-suisse-left-in-the-lurch-sparks-selloff-across-global-markets-123031501369_1.html Asked whether Saudi National Bank was open to further cash injections, Chairman Ammar Al Khudairy said “absolutely not.” All it took was a
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