Federal Funds Rate US and Fears of Recession
Today, the federal reserve will announce their decision to increase the current interest rate in the US to 4.75% from a previous 4.5%.
Markets Today with NEO – 31/01/2023
Today we have GDP data release from Canada! Why is it important? For two reasons!
Market Analysis: Week Ahead (30.01.2023)
This week we have the ongoing quarter earnings releases, the Fed’s Interest rate in the US followed by the BOE Monetary Policy and ECB refinancing rate.
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...
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).