County Banks Financial News

Benchmark NSE Nifty closed 2.85 points up at 19396.45 amid buying in frontline bluechip counters. However, stocks such as Omaxe, Steel Exchange, Allcargo Terminals, Penta Gold and Jio Financial Servic, touched their fresh 52-week lows. Overall, 28 shares ended in the green in Nifty50 index, while 22 closed in the red. In the Nifty 50 index, Adani Ent., HDFC Life, ITC, NTPC and Hero MotoCorp were among top gainers during the day, while BPCL, Cipla, Bajaj Finserv, Eicher Motors and TCS ended in the red. The BSE Sensex closed 3.94 points up at 65220.03. Traders piled up positions in Telecommunications, Aquaculture, Industrial Equipment, Textiles and Infrastructure sectors, while selling was witnessed in Banks, Building Materials, Irrigation & Allied Services, Metals — Ferrous and Leather sectors during the day.

Benchmark NSE Nifty index rose 6.7 points to 19400.3 amid buying in frontline bluechip stocks. However, stocks such as Jio Financial Servic, ABM International L, VELS Film Internatio, Lloyds Metals and Allcargo Terminals, touched their fresh 52-week low. Overall, 27 shares traded in the green in Nifty50 index, while 23 traded in the red. In the Nifty 50 index, HDFC Life, Adani Ent., SBI Life, NTPC and Bajaj Finance were among top gainers, while Titan Company, Cipla, Tech Mahindra, TCS and LTIMindtree traded in the red. The BSE Sensex was trading 7.82 points up at 65223.91 at 10:14AM(IST). Traders were seen piling up positions in Telecommunications, Trading, Miscellaneous, Infrastructure and Plastics sectors, while selling was visible in Banks, Irrigation & Allied Services, Building Materials, Gems and Jewellery and Metals — Ferrous sectors.

The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank, a financial institution whose parent company received more than $11 million from Alameda Research.

Benchmark NSE Nifty closed 99.75 points down at 19365.25 amid selling in frontline bluechip counters. However, stocks such as Godha Cabcon & Insul, Penta Gold, Oriana Power, Transindia Real Esta and Richa Info Systems L, touched their fresh 52-week lows.

Benchmark NSE Nifty closed 30.45 points up at 19465.0 amid buying in frontline bluechip counters. However, stocks such as Goldstar Power, Synoptics Technologi, BKM Industries, Genesys Intnl and Oriana Power, touched their fresh 52-week lows.

Benchmark NSE Nifty closed 6.25 points up at 19434.55 amid buying in frontline bluechip counters. However, stocks such as Genesys Intnl, Reliance Home Fin, CMI Ltd, Allcargo Terminals and Richa Info Systems L, touched their fresh 52-week lows.

RBI) calendar of holidays, banks will remain closed for a total of eleven days next month. These holidays exclude the regular ones such as the second and fourth Saturdays and Sundays.

According to the RBI press release issued on May 19, 2023, “The facility for deposit and/or exchange of Rs2000 banknotes shall be available for members of the public up to September 30, 2023.The facility for exchange of Rs.2000 banknotes shall be provided to all members of the public by all banks through their branches.”

Are you an NRI looking to park your funds for stable returns in India? Although there are many options to invest your money, however, if you are looking for good returns without risks, then you can opt for a fixed deposit instrument specifically meant for NRIs.

Benchmark NSE Nifty closed 207.0 points down at 19526.55 amid selling in frontline bluechip counters. However, stocks such as SMVD Poly Pack, KKV Agro Powers Ltd., Richa Info Systems L, Jalan Transolutions and Campus Activewear, touched their fresh 52-week lows.

Benchmark NSE Nifty index rose 35.4 points to 19789.2 amid buying in frontline bluechip stocks. However, stocks such as SMVD Poly Pack, Advitiya Trade India, Jalan Transolutions, Viji Finance and UPL, touched their fresh 52-week low.

Few things epitomize an economic bubble as well as the Beanie Babies explosion of the 90s, and there are some lessons for collectors who fancy themselves as investors.

Standard Chartered Banks in its recently published... moreStandard Chartered Banks in its recently published weekend report claimed that India’s external trade may nearly double to USD 2.1 trillion by 2030.

Beanie Bubble, a film based on American businessman Ty Warner and his then-girlfriend and business partner Patricia Roche, premiered on July 28, 2023, on Apple TV+. The film is written by Al Gore’s daughter Kristin Gore, and co-directed by her with Damian Kulash. Let’s know more about Ty Warner and Patricia Roche, and the movie The Beanie Bubble.

Canada's financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions' approach to perceived crypto risks, defining four categories of crypto assets and their capital treatment.

Rupee trade shipment from West Bengal's Petrapole border to Bangladesh took place on Tuesday, an official said. Petrapole, located in North 24 Parganas, is the major land port for bilateral trade with the neighbouring country.

Banks in China are looking to adopt the digital yuan in more of their operations, and have launched the nation’s first central bank digital currency (CBDC)-powered settlement service for bulk commodity spot clearing.

Joe Biden's alleged involvement in an international bribery scheme, Republicans swiftly reacted with strong criticism, some even calling for his impeachment, according to a Fox report. Senator Chuck Grassley from Iowa, a Republican, made the FD-1023 form public earlier in the day. The document purportedly outlined how President Biden, along with his son, Hunter Biden, was involved in coercing Burisma CEO Mykola Zlochevsky to pay them millions of dollars in exchange for their assistance in removing the Ukrainian prosecutor investigating the company, as per the Fox report.

Many investors entered the second-quarter earnings season expecting the worst for regional banks. But that didn’t materialize in the results released this week—at least not for the bigger players. Many banks, includingKeyCorp, Western Alliance Bancorp and Zions Bancorp, posted sharp profit declines.

United Forum of Bank Unions on 19 July said that they took up the issue of introduction of five banking days in earlier discussion. "IBA informed that the issue is under active consideration of the various stakeholders and the same is being pursued. We asked the IBA to expedite the same so that five banking days per week is introduced without further delay," it said.

Benchmark NSE Nifty closed 234.15 points down at 19745.0 amid selling in frontline bluechip counters. However, stocks such as KKV Agro Powers Ltd., Cell Point(India), Spectrum Talent Mana, Quality Foils(India and Bombay Metrics Suppl, touched their fresh 52-week lows.