Crisil Ratings downgrades Bandhan Bank’s NCD rating

Crisil Ratings downgrades Bandhan Bank’s NCD rating

Crisil Ratings has downgraded its rating on non-convertible debentures of Bandhan Bank Ltd to ‘Crisil AA-/Stable’ from ‘Crisil AA/Negative’ and reaffirmed its ‘Crisil A1+’ rating on the certificate of deposits. The rating action reflects the longer than anticipated delay in restoration of asset quality and overall profitability of the bank, to pre-Covid levels. Despite momentary […]

Stock Market Live Updates: Asian stocks tread cautiously as Japan’s central bank eyes policy shift

Stock Market Live Updates: Asian stocks tread cautiously as Japan’s central bank eyes policy shift

*Researchbytes Analyst App * https://play.google.com/store/apps/details?id=com.intelegain.rb Recent Interview… As of 17:57 PM Friday 15 December 2023 CenturyPlyboard: Keshav Bhajanka, ED Nobody Expected The Boom, Especially In The Real Estate Market: Century Plyboards Federal Bank: Shyam Srinivasan, MD & CEO Federal Bank’s MD & CEO Shyam Srinivasan On Growth & Expansion Plans Of The Bank Fusion Micro […]

Rupee logs best single-day gains in over 8 months

Rupee logs best single-day gains in over 8 months

The rupee on Friday logged its biggest single-day gain in over eight months, propelled by robust dollar inflows and a continuing rally in the domestic equity markets. The rupee closed at 83 per dollar , 33 paise stronger compared with the previous close of 83.33. the rupee appreciated below the 83 level to an intraday high […]

CottonConnect launches digital traceability platform TraceBale

CottonConnect launches digital traceability platform TraceBale

CottonConnect, which helps global brands source cotton fairly and sustainably by creating robust and resilient raw material supply chains, has launched a traceability platform, TraceBale. The platform is now available as a tool to all in the apparel industry to help brands address the growing challenges around trust and transparency in the supply chain. The […]

G-Sec yields decline, tracking US Treasury yields

G-Sec yields decline, tracking US Treasury yields

Government Securities (G-Secs) yields dropped on Thursday, following sharp decline in US Treasury yields after the US Fed left the benchmark interest rates unchanged at 5.25- 5.50 per cent for the third straight meeting even as its rate setting panel signalled it expects 75 basis points rate cut in 2024 from the current levels. The […]

Wardwizard Foods signs MoU with Gujarat govt; shares surge

Wardwizard Foods signs MoU with Gujarat govt; shares surge

Wardwizard Foods and Beverages Limited’s shares were up by 9.98 per cent after the company entered into a memorandum of understanding with the government of Gujarat. The agreement was signed by DH Shah, Managing Director of Gujarat Agro Industries Corporation Limited, and Sheetal Bhalerao, Chairperson and Managing Director of Wardwizard Foods and Beverages Limited. The MoU […]

Unnati becomes the first entity to list on the social stock exchange

Unnati becomes the first entity to list on the social stock exchange

SGBS Unnati Foundation became the first entity to list on the social stock exchanges (SSE) on Wednesday. SUF is a not-for-profit organisation (NPO) incorporated in 2011 that has trained over 45,000 youth. The entity had raised ₹1.8 crore from Zerodha, Nabard, Govind Iyer, and Ashish Kacholia during its fundraising period between October 30 and November […]

Stock to buy today: IIFL Finance (₹658.05) – BUY

Stock to buy today: IIFL Finance (₹658.05) – BUY

The short-term outlook for IIFL Finance is bullish. The stock has risen over 4 per cent on Tuesday. This rise has taken the stock price well above the key resistance level of ₹640. It has also broken the sideways consolidation between ₹620 and ₹640 that was in place for more than a week. The next resistance […]