News Overview

Over the past day, the market capitalization of all cryptocurrencies increased just 0.60%, to $871.80 billion.

As it considers merging with parent HDFC, HDFC Bank is looking for more regulatory clarification over keeping its investment in HDB Financial Services.

With effect from 01 July 2022

Read on to know more about the Venture Intelligence data

The private lenders advances aggregated to approximately Rs 13,95,000 crore as of 30 June 2022, registering a growth of around 21.5% over Rs 11,47,700 crore as of 30 June 2021 and a growth of around 1.9% over Rs 13,68,800 crore as of 31 March 2022.

In the first quarter of 2022—23 (FY23), early-stage venture capital (VC) investments in India increased by almost a third compared to the same period in the previous year as investors became more cautious and placed smaller but longer-lasting commitments.

IDFC First Bank gained 4.48% to Rs 33.80 after the total customer deposits rose 20.6% to Rs 1,02,363 crore as on 30 June 2022 as against Rs 84,893 crore as on 30 June 2021.

Recently, JSA has been granted Environmental Clearance to expand its existing foundry operations at SIPCOT.

Through techniques like "letters of comfort," "letters of undertaking," and stock collaterals, businesses can cut the cost of borrowing on bank loans and bonds while also raising their credit ratings a few notches.

However, a low base from last year and the impact of the COVID second wave-driven demand led to an increase of 14% in the June quarter.