Canara Bank cuts lending rates on some tenures by 5-15 bps, effective March 12

Shares of Canara Bank Ltd ended at ₹83.31, up by ₹0.87, or 1.06%, on the BSE.

Shares of Canara Bank Ltd ended at ₹83.31, up by ₹0.87, or 1.06%, on the BSE.

Zydus Life Share Price | Subject to closing of the block acquisition of 85.6% equity shares, a mandatory simplified cash tender offer for all the remaining shares in the Target Entity or Amplitude Surgical SA, France, at the same purchase…

This is Coinbase’s second attempt to expand into India. In 2022, the company had integrated with India’s Unified Payments Interface (UPI) to allow customers to purchase cryptocurrencies using rupees.

While the central bank’s easing measures may provide short-term relief, global uncertainties—such as a US growth slowdown and political risks—pose further downside threats, Nuvama said.

Ridham Desai, Managing Director & Chief Equity Strategist at Morgan Stanley India noted that India’s policy environment is now more stable than that of other global economies.

Hinduja also requested shareholders of IndusInd Bank to not panic and that he understands their concern of why the issue was not disclosed earlier. He also reiterated that there neither a margin call, nor the need to pledge any further…

IndusInd Bank shares plunged 25% on March 11, erasing ₹18,000 crore in market value, after revealing a ₹1,580 crore derivatives discrepancy. Concerns over governance, leadership, and risk controls mount.

Shares of Waaree Renewable Technologies Ltd ended at ₹799.90, down by ₹30.00, or 3.61%, on the BSE.

IndusInd Bank faces its worst crisis yet, with a ₹1,580 crore derivatives hit, CEO uncertainty, and governance concerns triggering a 27% stock crash, wiping out over ₹18,000 crore in investor wealth.

The affirmation of the IDR and Government Support Rating (GSR) at ‘bbb-‘ is based on the high likelihood of government support, given the Indian government’s 75% ownership stake in the bank and its systemic importance.