ChartWizards Macro & ETF Update 2.24.26
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PNB shares in focus after lender reports Rs 2,434 crore fraud linked to SREI firms
Shares of state-run lender Punjab National Bank (PNB) are expected to be in focus on Monday, December 29, following the bank’s disclosure of a significant borrowing fraud involving two companies—SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL). PNB reported the fraud amounting to Rs 2,434 crore to the Reserve Bank of India…
I’d Double Down on These 2 TSX Dividend Stocks for Income Potential
Image source: Getty Images The stock market can be a powerful wealth-building tool — but timing the market is no easy feat. “Buy low and sell high” sounds simple in theory, yet in practice, it requires knowledge, experience, and a mix of patience and discipline. Most importantly, investors need to choose the right companies that…
Mortgage Rates Move Higher After Trade Deal
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ICICI Bank Q4 Preview: PAT may jump up to 15% YoY on robust loan growth; NII growth seen at 7-11%
India’s second-largest private lender, ICICI Bank, could report a double-digit growth in its March quarter net profit, according to estimates by four brokerages. The bottomline range is seen between Rs 11,822 crore and Rs 12,350 crore, which could be a 10-15% uptick on a year-on-year basis. Lender’s net interest income (NII), which is a difference…
