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The high level of sticky loans has shortened the odds on more future write-off by lenders. Write-offs increased to 4.8% at the end of March from 4.4% of the total portfolio three months prior to that, according to the CRIF data, which was released Wednesday.

Microfinance loans overdue by over 30 days along with restructured loans are estimated to have declined 800 basis points to around 14% as of March 2022, after peaking at approximately 22% in September 2021, rating agency Crisil said. But it remains well above the pre-pandemic levels of 3%, Crisil said in May.

Replacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and chairman told ET in an interview over the phone. “That is why the trade share of Indian companies on our market is definitely going to expand each month, if not each week.”

Musk, who is the chief executive officer at Tesla Inc and heads SpaceX, said on Friday he was terminating the deal because Twitter violated the agreement by failing to respond to requests for information regarding fake or spam accounts on the platform

“The backend technology integration with BSE StAR provides multiple advantages to our retail investors, and as per regulatory requirements, investors need to open a demat account and generate a UCC on our platform. The Demat account will remain free for life for investments in direct mutual funds,” said Paytm Money CEO Varun Sridhar.

‘The international debt capital markets continue to remain volatile on account of rising interest rates and geopolitical tensions,” said Sameer Gupta, Head India DCM at Deutsche Bank. Adverse market conditions notwithstanding, capital remains available for strong credit and the right structures.”

"The object of the issue is to augment the long-term resources of the Corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the Corporation," HDFC said.

Life Insurance Corporation is said to have subscribed those bonds, rated AA (Stable) by rating company ICRA. LIC could not be contacted immediately for comments.Those are 10-year bonds that offer 9.70 percent. The proceeds will likely be used to build up the loan book.

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Consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest yearly increase since 1981, and up from an 8.6% jump in May.