Analysts believe momentum in Mumbai housing sales will continue going ahead in the festive season. While matching the FY21 performance in absence of a stamp duty relief is a tall order, they believe the housing market is reviving nonetheless.
Net interest income (NII) stood at Rs 3,523 crore for the quarter Q2FY22. On a sequential basis, it increased by 12.06 per cent from Rs 3,144 crore in quarter ended June 2021, the bank said.
The SQUID token turned an investment of Rs 1,000 into Rs 23 lakh within a week. But it could not fetch even a penny about 24 hours after reaching the peak.
Revenue from operations during the quarter under review stood at Rs 1,058.30 crore as against Rs 1,009.45 crore in the corresponding period a year ago.
In the international market, both gold and silver were trading flat at USD 1,793 per ounce and USD 23.95 per ounce, respectively.
Γ’β¬ΕThe percentage of non-performing loans has come down as we have seen about a 25 to 27 bps improvement in the level of non-performing loans. Γ’β¬Β
The Bank of England could this week raise its main interest rate for the first time in more than three years to rein in surging inflation as economies reopen from pandemic lockdowns, analysts say.
Only three other companies have raised more than $8 billion while going public since 2011, according to data from Dealogic. Alibaba raised a record $25 billion in 2014, Meta Platforms Inc garnered $16 billion in 2012, while Uber made $8.1 billion in 2019.
"The market is looking to what the Federal Reserve will do with its tapering," said Yuya Fukue, a trader at Rheos Capital Works.
The pan-European STOXX 600 index slipped 0.3% as of 0813 GMT, while Asian stocks were mixed on jitters ahead of U.S. Federal Reserve and Bank of England meetings this week where the central banks could scale back pandemic-era stimulus.
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