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The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.

Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. The collapse of Silicon Valley Bank (SVB) and Signature Bank sent the U.S. and Swiss governments scrambling to shore up liquidity at banks, and this has caused investors to flee assets such as commodities. This has kept oil prices from recovering, and they are still

While core inflation may remain sticky, the crash in Crude oil prices could help RBI dial down its inflation forecast by as much as 50 basis points to justify a pause.

The resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.

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