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Last week, Bharti Airtel had said it will acquire 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore.

Microfinance loans across lenders grow 10% in 2021

Updated at : 2022-03-30 08:00:03

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At the end of last year, 13 banks together held the largest share of the micro loan portfolio with total loan outstanding at Rs 1.04 lakh crore, which is 40.4% of total microfinance universe. NBFC-MFIs are second largest provider of micro-loans with collective loan outstanding of Rs 87,444 crore,

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Sitharaman defended the 137-day hiatus in fuel price revision, saying the disruption in supply chains and the resultant increase in global oil prices due to the war in Ukraine was a "couple of weeks" phenomenon.

The bank has on March 28, 2022, accepted the offer to acquire 10,00,000 equity shares of Open Network for Digital Commerce, ICICI Bank said in a regulatory filing.

It further said Vedanta could achieve an EBITDA of Rs 450 billion in FY22 and FY23, revised from the earlier estimate of Rs 390 billion.

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Shares in the world’s largest company rose 1.4% for an 11th straight positive trading day -- a rare feat in its 41-year stock market history, and one that has erased all of its year-to-date losses.

According to the latest RBI data, a net of $4.27 billion long forwards contracts will mature until April end.

Gold declines Rs 437; silver tumbles Rs 722

Updated at : 2022-03-29 20:25:02

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Continuing its winning streak for a fourth straight session, the rupee on Tuesday appreciated by 36 paise to 75.80 against the US dollar.

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A divergent trend was seen among Nifty and index heavyweights, with levels of 200-day average acting as stiff resistance for the Bank Nifty, whereas Nifty managed to sustain above its 200-day average levels.

The daily MACD is bullish and stays above the signal line. The pattern analysis shows that while Nifty has taken visible support multiple times at 200-DMA, it was resisting the 50-, and the 100-DMA which stood at 17,326.

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