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#665 Daily Money Show | Money Purse Stock Market News
Original: # 665 Daily Money Show | Money Purse Stock Market News
Takeaway
Brief daily wrap covering retail credit loss data, SJVN's Rs 600 crore international contract, and banking sector results.
Summary
- Banking stocks moved on Q2 default/credit loss data: most retail credit loss 0.5%-2%, unsecured 10.7%.
- Bharat group financials: 3.1 million tonnes shipping; insurance 25 TRE.
- Two companies' biologic manufacturing IPO mentioned (IPS office Compur and another).
- SJVN won contract worth approximately Rs 600 crore for international project with 0.5% market advance.
- RBI mobile banking conduct already settled with insurance contract software contractor and government deals.
market newsbankingSJVN
Original description
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