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Potential of smart contracts on blockchain

Updated at : 2023-02-11 11:25:04

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Aside from its legal impact and perhaps a replacement with legal contracts, smart contracts can certainly lessen the burden and the complexity of writing a new contract. Instead one can include these as terms of a smart contract between two parties automatically.

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On March 5, 2020, Yes Bank was put under a moratorium by the RBI and later a reconstruction scheme was put in place with State Bank of India as the majority equity shareholder and a clutch of more than half a dozen domestic banks picking equity stake in the lender

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On aggregate, analysts cut consensus targets by 1.53% to Rs 80.7 apiece, which presents a 51% upside potential from the current levels

The ECB has raised interest rates by 3 percentage points since July and promised a 50 basis-point hike for March, and Schnabel would not rule out another 50 basis-point move in May as well.

Adisri offered Rs 3000 crore upfront payment and the balance as deferred payment in the form of non-convertible debentures (NCD), optional convertible debentures (OCD) and equity

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The BOJ last month amended rules for the funds-supply operation, so it can pump funds extending up to 10 years to financial institutions against collateral.But market participants say its effect will be limited and the measure may not be sustainable.

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The benchmark 10-year yield ended at 7.3627%, after closing at 7.3432% on Thursday. The yield rose by eight basis points (bps) this week, the biggest such move since the week ended Sep. 23, 2022. It had dropped 11 bps last week

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Adani Green Energy bonds due in 2024, for instance, were up at about 75 cents on the dollar on Friday after hitting a record low of about 62 cents last week, according to Tradeweb data. Those same bonds were trading at about 95 cents before the short-seller report

The earnings before interest, tax, depreciation and ammortisation (EBITDA) dropped 2% year-on-year (YoY) to Rs 288 crore. The EBITDA margins declined 150 basis points to 18.5%

As per an estimate by the Council on Energy, Environment and Water, over the years, the country will need USD 10.1 trillion to scale up generation from renewable energy and associated generation, distribution and transmission infrastructure

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