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Some customers in these cities earlier this month found that when they tried to transfer funds using the Immediate Payment Service (IMPS) from their IDFC First Bank savings accounts to Uco Bank, the amount got credited into the Uco Bank account without getting debited at IDFC First, according to the preliminary findings by Uco Bank.

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Banks must provide customers with facilities of a website, phone banking, SMS, email, IVR and a dedicated toll-free helpline for reporting unauthorised transactions as well as loss/theft of payment instruments such as cards. They should also be given the facility to report these to the home branch.

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"The Indian curriculum is more focused on AI, ML, and other data science courses but not cybersecurity," said Abhik Chatterjee at Boston Consulting Group, which advises top banks in the country. "There are very few Indian colleges that offer good, practical heavy cybersecurity courses. This is why a graduate from India is at a disadvantage when compared to a person who has graduated from a foreign university."

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Crude oil prices, currently below $80 per barrel, impact around 40% of the raw material costs for paint companies as the cost of binders - a key input material - is linked to the prices of crude oil.

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​​The flood of IPOs in this short period is unlikely to hurt liquidity in the main markets, said bankers. "The money from one issue may not be available for the other; but except for that, the broader market may not see any effect," said Satyen Shah, president, Nuvama Investment Banking and Fixed Income.

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​In the short term, the index will be considered in a bullish zone if it stays above 19,500. Fresh momentum can be expected above 19,870.

The near-term uptrend status of the market remains intact, but there is a possibility of some more consolidation or minor weakness for the Nifty in the next 1-2 sessions. A decisive upside breakout of 19,875 is likely to bring more upside for the short term. At the lows, the area of 19,600-19,550 is going to act as a support for the short term," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities

5 stocks have seen a steady rise in prices, trading volumes, and delivery volumes over the last three sessions

"Nifty IT can do with a pullback given the steepness and the rushed nature of the recent ascent, but we are inclined to expect more upsides on the same. Meanwhile, Nifty Bank continues to appear vulnerable despite taking support at the 14-day SMA."

Avadh Sugar posts Rs 29-crore net profit in Q2

Updated at : 2023-11-19 15:20:01

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The EBITDA of the firm also came in higher at Rs 78 crore from Rs 6 crore in July-September last year, Avadh Sugar & Energy Ltd said in a release.

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