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As Bankman-Fried’s FTX empire collapsed into bankruptcy and the 30-year-old former billionaire swapped a luxury penthouse for a Bahamas jail cell, Binance has increased its market share to 52.9%, its largest ever, and grown its share of derivatives trading to 67.2%, according to CryptoCompare.

The sectoral gross NPA ratio was around 10% while the PAR 30+ ratio was 17.1% as of September 30, 2021. That time, the Reserve Bank of India had allowed lenders to restructure microfinance loans helping them to keep their NPA ratio lower.

While tagging an investment approach to a particular strategy, the portfolio manager should select one benchmark from those prescribed for that strategy to enable the investor to evaluate relative performance of the portfolio managers, Sebi said.

However, money managers are not very confident in betting on the smaller and mid-sized state-owned banks eventhough many of them have undertaken a major clean-up of their balance sheets and have seen a sharp expansion in their price-to-book values.

Economists at JPMorgan, for example, estimate core PCE prices probably rose about 0.1% in November, based on the CPI report and another Labor Department report on producer prices.

Mester has been a voting member of the rate setting Federal Open Market Committee this year but will not hold that role next year. On Wednesday, the FOMC raised its target rate by half a percentage point as it continues to work toward lowering the highest levels of inflation seen in decades.

The Dow Jones Industrial Average fell 35.76 points, or 0.11%, at the open to 33,166.46

"There are so many driving forces in the oil market at the moment and a more sombre economic outlook on the back of the hawkish central bank message this week appears to be the dominant one going into the weekend," said Craig Erlam, analyst, at OANDA.

In accordance with the draft offer letter, the company would buy back or repurchase up to 2,28,57,142 equity shares at a price of Rs 350 apiece. The buyback price is at a premium of 24% as against the company’s share price on the day prior to the announcement.

Beats quarterly estimates for revenue and earnings on Friday