The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said all derivatives must be marked to market (MTM), which requires valuing assets and liabilities according to prevailing market price.
SAIL shares: The brokerage firm believes that SAIL is more sensitive to steel and coking coal prices. A Rs 1,000/t rise in Hot Rolled Coils
India attracts substantial foreign investments as a structural growth story, but to elevate its GDP growth, key reforms in land, labor, and judicial areas are
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