ICICI Bank's Q2 Result Subdued as Asset Quality Deteriorates
ICICI Bank's second-quarter result was fairly subdued. The result benefited from a one-off INR 56.8 billion gain for selling its 12.63% stake in...
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Demonetisation in India: High-Value Currency De-Notified; Con.Discretionary to Slow; Rate Cut Likely
The Indian Government has taken a significant step in curbing the parallel economy by removing Rs500 and Rs1000 notes from circulation and plans to...
429 Views
Axis Bank:Profits Have Many Parents, Fiascos Are Orphans
Axis Bank shocked analysts when it declared profits of only Rs 3.19 bn for the quarter ended September 30, 2016 (2QFY2017). This was a precipitous...
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Brexit:Â Judgement Versus Obedience
Yesterday's high court ruling stating that parliament must have a say before any triggering of Article 50 to start the process for Britain to leave...
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Egypt Devalues - Now the Hard Work Starts
One gets the feeling all sorts of intriguing news is due to pop up in the next week into US elections, with today’s notes of interest being Egypt’s...
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