Markets Today with Neo – 24 Feb 2023
Join Neofytos every day as he shares his notes for major market movers and daily news that might impact the markets. Free market analysis!
DB Investing integrated crypto deposits via Binance Pay with zero fee
Retail securities dealer announced a new payment method for secure funding. Traders now enjoy instant deposits, directly from their Binance accounts at no cost.
Strong sentiment sees Euro-Pound posting 0.14% gain
Currently trading at 0.8789, Euro-Pound remains range-bound between 0.8771 and 0.8791. Euro Zone ECB President Lagarde speech is next today at 10:30 UTC. Meanwhile, United Kingdom Labour Productivity (Q3) released yesterday at 08:30 UTC with a figure of 0.9, while...
SBI Successfully Raises Funds through Second Tranche of Infrastructure Bonds
The State Bank of India (SBI) has recently raised Rs 9,718 crore through the second tranche of its infrastructure bonds, offering a coupon rate of 7.70%. This is a significant move by the country's largest public sector bank as it...
IndusInd Bank posts bigger-than-expected Q3 net jump of 68% to Rs 1,959 cr
IndusInd Bank, one of the leading private sector banks in India, has announced its Q3 results, posting a bigger-than-expected net profit jump of 68% to $266 M.
Central Bank Q3 net rises 64.16% at Rs 458 cr on improved margins
Central Bank of India, one of the leading public sector banks in India, has reported impressive Q3 results, with a 64.16% increase in net profit. The improvement in financial performance was driven by a combination of factors, including improved margins...
ING Planning Return to India by Buying Controlling Stake in IDBI Bank
ING Group, the Dutch multinational banking and financial services corporation, is making its way back into India with a strategic plan to buy a controlling stake in IDBI Bank. This move is expected to strengthen ING's presence in the rapidly...
HDFC to Raise Funds with 1-Month Maturity Commercial Papers
Housing Development Finance Corporation Limited (HDFC), one of India’s largest housing finance companies, is planning to raise funds by issuing commercial papers (CPs) with a maturity of 1 month. The move comes as the company seeks to expand its liquidity...
Japanese Banks Allowed to Settle Trades via CCIL
The home regulator of Japanese banks has given the green light for these financial institutions to settle all their trades via the Clearing Corporation of India Limited (CCIL).
Dogecoin Goes Mainstream: The Rise of the ‘Meme’ Cryptocurrency
Dogecoin, the cryptocurrency that started as a joke, has taken the world by storm. Since its inception in 2013, Dogecoin has amassed a loyal following, with millions of people buying and holding the cryptocurrency. In this article, we explore the...