Category: Money & Banking

Next Financial Crisis Will Come From Cryptocurrencies: RBI Governor Maintains Hard Stance

Reserve Bank of India (RBI) governor Shaktikanta Das has always been a vocal opponent of cryptocurrencies, speaking out in public about the threat it poses to India’s financial stability on several occasions. The central bank chief continues to maintain a hard stance against the crypto sector, going on to say that if private cryptocurrencies are […]

YES Bank tumbles 7.7% after Morgan Stanley’s ‘underweight’ report

The stock, which rose three.three consistent with cent or ₹0.eighty at ₹24.75, tumbled to a low of ₹21.90, however closed at ₹22.10, down 7.seventy two consistent with cent over the preivous day`s close. Fund raising A day after the Board of personal zone lender accepted allotment of 361.sixty one crore fairness stocks and 255.ninety seven […]

Paytm falls despite announcing Rs 850-crore share buyback plan

Shares of One ninety seven Communications, operator of Paytm, quick gave up their commencing profits on December 14 and traded decrease regardless of the corporation`s board approving a Rs 850 crore proportion buyback plan on December 13. The corporation stated that it’s going to purchase returned as much as 10.five million stocks of the corporation […]

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