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Bagchi, who has been with the group since 1992, has been executive director of ICICI Bank since February 1, 2017, heading the wholesale banking business of the bank. After taking over the reins from Kannan, he is expected to focus on growth in annualised premium equivalent (APE), which has been a significant challenge for his predecessor.

Digital collectibles have proliferated widely. Music, art, limited releases of digital items endorsed by celebrities, and gaming assets have all been subject to this digital collectible revolution.

The shares of SAIL will go ex-dividend a day or two days before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment

The timing of the announcement of the resignation isn’t good when investor sentiment has already been soured by the global banking crisis. One may see a kneejerk negative reaction on the stock on Friday, but market insiders believe it won’t have a lasting impact given there is 6 months time for the transition process to take place.

We treat FDs or real estate — which are neither liquid, transparent or relatively tax efficient — as our youngest child and hence with high leniency

However, the firm has been in financial trouble over the past 2-3 years and has been questioned for submitting its audited financial statements. Some time last year, there were also talks of a possible merger of the bank with a peer bank, but did not bear fruit

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According to the shareholding data available with the exchanges, 68.16% stake is held by promoter and promoter group, while the rest lies with the public.Top mutual funds, including Nippon India, and ICICI Pru MF, own about 8.90% in the company, while foreign investors have about 7.86% stake

During instances of high volatility in stocks, exchanges move them to short-term or long-term additional surveillance framework

The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring financial market chaos and calls by investors to dial back policy tightening at least until sentiment stabilizes. The ECB has been raising rates at its fastest pace on record to curb inflation, but a rout in global markets since the collapse of Silicon Valley Bank in the United States last week had threatened to upend those plans at the last moment. In line with its often-repeated guidance, the central bank for the 20