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Non-bank stress coupled with rising macro headwinds pose further challenges for asset quality, particularly at state banks which continue to experience capital constraints, delays in bad-loan recoveries, and poor earnings. More capital is needed to insulate the banks’ weak balance sheets and to sustain loan growth,” it said.",
Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”",
On Thursday morning, they had breakfast and their condition deteriorated and some fell unconscious, officials said.",
Actor Shekhar Suman and his son Adhyayan Suman garnered a lot of praise for their performance in Sanjay Leela Bhansali’s Heeramandi. While the show in a way resurrected Adhyayan’s career, the young actor recently shared in an interview, how seeing the size of his posters reduce was disheartening. Shekhar shared his words of wisdom by pointing out Katrina Kaif’s inspiring journey in Bollywood."
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Though the temperature has dipped by about 3 degrees Celsius since Monday, the 108 emergency medical services have received over 100 calls for heatwave-related illnesses since May 21.",
Both these incidents triggered heated debates with netizens and Opposition parties attacking the state government over the ‘poor’ health infrastructure in Tamil Nadu.",
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Carabinieri police said that art merchants had allegedly described the work as being painted by a follower of Gentileschi, and not the artist herself, to fraudulently obtain export permission from Italian authorities."
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