#BankNiftySpot Trading Near 43430
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Thursday, May 11, 2023
Tuesday, May 9, 2023
Some public sector as well as private sector banks have seen a pick-up in their agricultural loan book, a segment lenders have traditionally looked at with abundant caution. weather uncertainties and El Nino risks, industry experts said.
These banks include
#CanaraBank
#bankofindia
#kotakbank
#FederalBank
#IDFCFIRSTBank
The banks, on average, grew their agri loan portfolio by 17 percent on a year-on-year (YoY) basis.
According to experts, good rainfall in the previous years resulted in high demand for agricultural loans in the semi-rural and rural markets.
Monday, May 8, 2023
Bank exposure to Go First
Go First’s Insolvency and Bankruptcy petition was filed under Section 10, instead of Sections 7 and 9. While Section 10 allows a debtor to initiate insolvency proceedings against itself, Sections 7 and 9 allow creditors to take the debtor to the National Company Law Tribunal to recover dues.
Go First owes lenders including Bank of Baroda, Central Bank of India, Deutsche Bank, and IDBI Bank Rs 6,521 crore, according to the airline’s filing.
Central Bank of India had the highest exposure of Rs 1,987 crore, followed by Bank of Baroda at Rs 1,430 crore, Deutsche Bank at Rs 1,320 crore and IDBI Bank at Rs 58 crore, Acuite Ratings and Research said in a January 19 report.
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Friday, May 5, 2023
Thursday, May 4, 2023
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Wednesday, May 3, 2023
Tuesday, May 2, 2023
Recession probability forecast, 2023:
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#Index Update.... #Nifty Spot In Trading Around 24,235 Almost Down 248 Points ( 1.01%) #NiftyBank Spot Is Trading Around 51,980 Almost ...
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100% All Rollover Completed Now.. Hold All Your Positions In October & Above Series.. #Nifty Spot Trading Near 24,675 #NiftyBank Spo...
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RBI’s MPC will announce its interest rate decision on Oct 1. What can India expect from the policy? #RBI #MPC #RBIMPCPolicy #NavratriUt...