2:10 PM
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Banks in India will be closed on March 22, 2025, as it is the fourth Saturday of the month. Additionally, banks in Jammu and Srinagar will be closed on March 27 and March 28 for Shab-I-Qadr and Jumat-ul-Vida, respectively.
8:10 AM
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Stock market recommendations: Bajaj Broking Research recommends Zydus Lifesciences and National Aluminium stocks for today. It expects Nifty to move towards 23,500 levels and sees Bank Nifty heading to 50,600.
2:10 PM
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The Finance Ministry has informed the Parliament about the risks tied to households moving deposits to market-linked instruments, highlighting potential financial losses and liquidity issues for banks.
8:10 AM
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Top stock market recommendations: Aakash K Hindocha from Nuvama Professional Clients Group recommends buying LIC Housing Finance, Bank of Baroda, and UPL due to their recent breakout patterns and bullish momentum.
8:10 PM
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KPI Green Energy has secured a Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to partly fund its 50 MW hybrid power project in Bharuch, Gujarat. The project, comprising 75.2 MWp solar and 16.95 MW wind capacity, will operate under a 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited. The funding will help ensure the project’s timely completion.
8:10 AM
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1:10 AM
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IndusInd Bank faces a significant financial impact as it addresses discrepancies in its foreign exchange derivative portfolio, leading to overstated net interest income. The bank's credibility is questioned, prompting swift action to rectify financials and appoint a new successor to restore investor confidence.
3:10 AM
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The special court rejected the CBI chargesheet against Indiabulls Housing Finance Ltd and others in the Rs 4,733 crore DHFL-Yes Bank loan fraud case, citing insufficient evidence. The court also cancelled lookout circulars for several involved individuals and noted the lack of proof against DB Realty promoters and their associate firms.
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