Canara Bank plans to invest Rs 1,000 crore in digital banking infrastructure

by admin | May 12, 2022 | Financial Market

Canara Bank, a public sector lender, wants to invest Rs 1,000 crore in a digital banking ecosystem, including a super-app, over the next three years. Next month, the Bengaluru-based bank will reveal its super app (which has yet to be named). According to K...

In early trade, the rupee jumped 8 paise to 76.40 against the US dollar.

by admin | May 4, 2022 | Financial Market

In early trade on Wednesday, the rupee rose 8 paise to 76.40 against the US dollar in anticipation of foreign fund inflows through the LIC IPO. The rupee began at 76.46 against the dollar on the interbank foreign exchange, then gained ground to quote at 76.40, an...

edible oil company’s stock has increased by 86% in the last four days.

by admin | Apr 28, 2022 | Financial Market

In Thursday’s intra-day trade on the BSE, shares of Poona Dal & Oil Industries set a new high of Rs 103.15 and remained trapped at the 10% upper circuit on the back of hefty volumes. The edible oil company’s stock has soared 86 percent in the last four...

Equity funds get Rs 19,700 crore in Feb as markets volatility continues

by admin | Mar 9, 2022 | Financial Market

equity mutual funds (MFs) clocked inflows in February when markets were volatile. Data from the Association of Mutual Funds in India (Amfi) shows that equity funds saw net inflows of Rs 19,705 crore, with most flows going to Flexicar and sectoral funds. The...