Binance deal for FTX collapses, crypto worries mount
A representative for FTX did not immediately respond to a request for comment, but Chief Executive Officer Sam Bankman-Fried told employees in a Slack message viewed by Reuters that Binance had not previously expressed reservations about the deal.
Banking funds miss out on rally in PSU lenders with smaller bets
The average returns from banking sector schemes were 16.80% so far in 2022 as against 17.8% of the benchmark Bank Nifty index. The Nifty PSU Bank index has jumped 51.6% and the Nifty Private Bank index has gained 17.6% in this period.