Clipped from: https://www.business-standard.com/article/economy-policy/banking-system-remains-stable-resilient-rbi-governor-shaktikanta-das-123031701006_1.html RBI governor Das cautions banks against any build-up of asset-liability mismatches Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability
SVB Financial seeks bankruptcy protection as banking turmoil persists | Business Standard News
Clipped from: https://www.business-standard.com/article/international/svb-financial-group-seeks-bankruptcy-protection-for-reorganisation-123031700992_1.html Shares of big US banks fell between 1.5% and 2% in premarket trading on Friday SVB Financial Group said on Friday it filed
As liquidity tightens, RBI injects Rs 1 trillion for largest infusion in 4 years | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-liquidity-tightens-rbi-injects-rs-1-trn-largest-infusion-in-4-years-123031700981_1.html Tighter liquidity conditions have resulted in sharp rise in money market rates With the onset of corporate advance taxes leading to significant outflows
TCS, Infosys have highest exposure to US regional banks: JPMorgan | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tcs-infosys-have-highest-exposure-to-us-regional-banks-jpmorgan-123031700610_1.html Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are
🙏🙏🙏🙏🙏🙏🙏ECB hikes rate by 50bps to 3.5% despite bank chaos; highest since Oct 2008 | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-hikes-rate-by-50bps-to-3-5-despite-bank-chaos-highest-since-oct-2008-123031601112_1.html In a post-meeting statement, the bank called the banking sector in the 20 countries using the euro currency resilient, with strong finances The
Yellen says US banking system remains sound after ‘decisive’ actions | Business Standard News
Clipped from: https://www.business-standard.com/article/international/yellen-says-us-banking-system-remains-sound-after-decisive-actions-123031601273_1.html The government took decisive and forceful actions to strengthen public confidence in the US banking system, Yellen said in testimony before the committee
7 working days: Sebi now prescribes ‘strict’ timelines for FPI disclosures | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/markets-regulator-sebi-tightens-timelines-for-fpi-disclosures-123031601304_1.html Amended FPI regulations give watchdog more powers to seek vital info from overseas funds The Securities and Exchange Board of India (Sebi) has notified stricter
Panel working on classification of millet products to determine GST rates | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-panel-plans-to-come-out-with-classification-of-millet-based-products-123031601110_1.html The panel will likely propose the classification at the next GST Council meeting, which is expected to be held at the end of
Expect India’s GDP to moderate to 6% in FY24: CRISIL MD & CEO Amish Mehta | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/crisil-expects-a-moderation-in-india-s-fy24-gdp-growth-md-ceo-mehta-123031601024_1.html Amish Mehta discusses the factors behind this downgrade and road ahead for the Indian economy Rating agency CRISIL expects a moderation in India’s gross domestic
Keep ‘margins of safety’ amid global turmoil, says CEA Nageswaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/amidst-global-uncertainty-need-to-keep-margins-of-safety-cea-123031600925_1.html IMF’s latest estimates for global growth appear outdated, he says Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday flagged the rising global
👍👍👍👍👍JP Morgan revises Reliance Industries stock target price, sees 33% uptick | Business Standard News
lipped from: https://www.business-standard.com/article/companies/jp-morgan-revises-ril-s-target-price-sees-33-uptick-in-long-run-123031600999_1.html?code=NTM4OTU9MTIzMDMxNjAwOTk5 The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China
👍👍👍👍👍This Chris Wood owned stock hit a 52-week low. What’s worrying the Street? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/this-chris-wood-owned-stock-hit-a-52-week-low-what-s-worrying-the-street-123031500131_1.html?code=NTM4OTU9MTIzMDMxNTAwMTMx In the last few sessions, the stock of Mukesh Ambani-controlled Reliance Industries (RIL), hit its 52-week low level of Rs 2269.75, and has
🙏🙏🙏US Fed’s loans to provide $2 trn of liquidity in banking system: JP Morgan | Business Standard News
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
👍👍👍👍👍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
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