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52-week high: Stock market update: 53 stocks hit 52-week highs on NSE

52-week high: Stock market update: 53 stocks hit 52-week highs on NSE
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Stocks to watch: IDBI Bank, M&M, Prestige Estates, SBI Life, Quick Heal

Here are key stocks that are likely to sway the market today: IDBI Bank: The bank has been taken out of PCA framework by the RBI. The bank has provided a written commitment that it would comply with the norms of minimum regulatory capital, net NPA and leverage ratio on an ongoing basis. JSW Steel: The company posted a marginal decline of 1 per cent in its crude steel output at 13.06 lakh tonnes (LT) in February this year. Max Healthcare: The company has raised Rs 1,200 crore via qualified institutional process. Quick Heal Technologies: The board has approved buyback of 63.26 lakh shares for up to Rs 1,550 crore at a price of Rs 245 per share.

Adani Green share price: Stocks in the news: Adani Green, India Glycols, PNB Housing, SBI and Karur Vysya Bank

Explore Now Nifty futures on the Singapore Exchange traded 4 points, or 0.03 per cent, lower at 15,415 in signs that Dalal Street was headed for a tepid start on Friday. Here are a few stocks which may buzz the most in today s trade: SBI: State Bank of India ( SBI) will conduct e-auctions of 12 bad accounts this month to recover dues of over Rs 506 crore under sale to asset reconstruction company (ARC) mechanism. Housing: At least two existing overseas investors in PNB Housing Finance – the Carlyle Group and General Atlantic Singapore – are believed to have hired consultants to carry out a due diligence on the mortgage lender, which is looking to tap these investors for equity expansion.

Cholamandalam, Karur Vysya Bank come together for co-lending business

Cholamandalam, Karur Vysya Bank come together for co-lending business
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Karur Vysya Bank and Cholamandalam in co-lending pact - The Hindu BusinessLine

March 10, 2021 × Karur Vysya Bank and Cholamandalam Investment and Finance Company Ltd (Chola), the financial services arm of the Murugappa Group, have announced a co-lending partnership. The co-lending model is seen as a great opportunity for banks and NBFCs to draw upon each other’s strengths. The pact is expected to help Chola and Karur Vysya Bank expand their reach to new customer segments across the country where Chola has a stronger presence to target high-value loan segments such as construction equipment and commercial vehicles, according to a statement. “We strongly believe our co-lending partnership with KVB will help us garner market share across segments of customers due to our stronger presence throughout the country. Co-lending is a new direction for Chola, but we are confident that this will soon evolve into a very fruitful partnership model for KVB and Chola,” said Ravindra Kundu, Executive Director, Chola.

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