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YES Bank shares in focus with SC likely to hear appeal in AT1 bond matter

If top court rules in favour of bondholders, Yes Bank shares could see a selloff as its capital base gets eroded, impeding its growth prospects; other banks, especially PSBs, may be impacted too

Credit card spends dip in Feb but top Rs 1 trn for 12th straight month

February typically sees a slight dip in spends compared to other months because it has fewer days. In January, spends had touched Rs 1.26 trillion, the second highest figure ever

Full-KYC Paytm wallets can now make payments across all UPI QR codes

Move comes after NPCI announces KYC wallet interoperability

Second G20 framework working group meeting concludes in Chennai

Around 87 delegates from G20 member countries, invitees, and international organizations attended the meeting

TII, Premji Invest sign share purchase agreement to acquire Lotus Surgicals

TII will acquire 67 per cent, while Premji Invest will acquire the remaining 33 per cent

Campus Activewear shares tank 9% after TPG sold entire 7.62% stake

Among the buyers were Fidelity and Societe Generale. Shares of the shoe manufacturer closed at Rs 338 on the NSE, where Rs 1,229 crore shares changed hands

IndusInd Bank appoints Vikas Muttoo as COO of Bharat Financial Inclusion

A veteran banker with two and a half decades of experience in the banking sector, he was earlier heading the microfinance business of RBL Bank

RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24

The RBI conducts repo operations in order to infuse liquidity into the banking system

Accept investments from KYC compliant e-wallets: Sebi to mutual funds

The use of e-wallets for MF investments was allowed in 2017 to promote digitisation

Morgan Stanley France pays Rs 25,00,000, settles Nifty options case

Morgan Stanley had filed a settlement application with the markets regulator in February 2022

IDFC First Bank to issue 377.5 million share to IDFC Financial Holding

This comes after IDFC Ltd decided to infuse Rs 2,200 crore into the bank as growth capital

Shriram Life aims to double rural presence by 2025 using digital campaign

Company uses various digital channels for agents and customers to access life insurance products and services