“The Governor, in his remarks, recognised the important role played by the FinTechs, including the payment system players, account aggregators and digital lending service providers in the growth of India’s financial system and economy,” RBI said.
Shares of Hindustan Zinc Ltd ended at ₹411.35, up by ₹15.95, or 4.03%, on the BSE.
Stocks to watch, TCS, LIC Housing Finance, Wipro, Zydus Lifesciences, RPP Infra Projects, Galaxy Surfactants and more, these are the stocks to watch for today.
The Indian banking system is grappling with its worst liquidity crunch in over a decade, with system liquidity shifting from a surplus of ₹1.35 lakh crore in November to a deficit of ₹0.65 lakh crore in December. This worsened further, reaching a ₹2.07 lakh crore deficit in January and ₹1.59 lakh crore in February.
What also needs to be accounted for the fact that Wednesday’s move has come from deeply oversold levels and a bounce was due sooner or later, both for the Nifty and for the broader markets.
A defiant Donald Trump delivered an unapologetic speech before the US Congress today. Tariffs, as expected, were one the cornerstones of his speech. The US president doubled down on his tariff rhetoric, saying other nations have used tariffs against America for decades and that it is no time to retaliate. USA’s reciprocal tariffs will come into effect on April 2.
The collaboration will enable both companies to expose their APIs in each other’s marketplaces. Shares of Route Mobile Ltd ended at ₹1,001, up by ₹16.30, or 1.66%, on the BSE.
The funds will be raised through a mix of loans, redeemable non-convertible debentures, zero-coupon bonds and subordinate debt, among others. Shares of LIC Housing Finance Ltd ended at ₹521.20, up by ₹17.60, or 3.49%, on the BSE.
The project involves improving water supply infrastructure under the Vada Chennai Valarchi Thittam initiative in Tamil Nadu. Shares of RPP Infra Projects Ltd ended at ₹131, up by ₹6.20, or 4.97%, on the BSE.
Through this programme, property owners leasing land for telecom tower installations across eight markets in Europe will benefit from round-the-clock personalised access to customer support via their preferred channels. Shares of Tata Consultancy Services Ltd ended at ₹3,549.35, up by ₹16.70, or 0.47%, on the BSE.
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