A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
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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.
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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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