HDFC & ICICI banks go slow on retail loans

MUMBAI: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured segment.HDFC Bank’s retail loans rose 7.4% year-on-year and 2.2% quarter-on-quarter to Rs 15,55,400 crore, MD & CEO Sashidhar Jagdishan said in the earnings call. He emphasised…

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Argentina-US deal: Buenos Aires formalises $20 billion currency swap pact with Washington; Javier Milei gets pre-poll boost

File photo: US President Donald Trump with Argentina’s President Javier Milei (Picture credit: AP) Argentina’s central bank on Monday formalised a $20 billion currency swap agreement with the United States in a move aimed at “contributing to Argentina’s economic stability,” the bank said in a statement. The accord, backed by the administration of US President…

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Bitcoin Market Enters A New Phase of Disbelief: Short Bias Dominates Despite Signs Of Recovery

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is showing signs of recovery after enduring weeks of selling pressure that culminated in a sharp flash crash on October 10, when the price briefly dipped to around $103,000. Since then, BTC has rebounded modestly, now testing resistance near $111,000, a…

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