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Tag: March

Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%

Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021, deposits up 13%

Finance
Private sector lender on Monday reported a 9 per cent increase in its gross advances to nearly Rs 1.35 lakh crore (Rs 1,34,876 crore) by the end of March 31, 2021. The bank's gross advances stood at Rs 1,24,153 crore by the end of March 2020. Federal Bank said the data is provisional and is being released in accordance with SEBI norms on Listing Obligations and Disclosure Requirements Regulations and Code of Practices and Procedures for fair disclosure of unpublished price sensitive information. The CASA (current account and savings account) deposits of the south-based lender witnessed a 26 per cent growth year on year at Rs 58,381 crore as of March 31, 2021, as against Rs 46,450 crore a year ago. Total deposits were up by 13 per cent at Rs 1,72,655 crore as against Rs 1,52,290 crore. Liq...
Famous birthdays for March 30: Mark Consuelos, Graeme Edge

Famous birthdays for March 30: Mark Consuelos, Graeme Edge

Entertainment
March 30 (UPI) -- Those born on this date are under the sign of Aries. They include: Advertisement -- Spanish painter Francisco Jose de Goya in 1746 -- German chemist Robert Bunsen, inventor of the Bunsen gas burner, in 1811 -- English author Anna Sewell in 1820 -- Civil War spy Mary Elizabeth Bowser in 1839 -- English social reformer Charles Booth in 1840 -- Dutch painter Vincent van Gogh in 1853 -- Irish dramatist Sean O'Casey in 1880 -- Philanthropist Brooke Astor in 1902 -- Singer Frankie Laine in 1913 -- TV host Peter Marshall in 1926 (age 95) -- Actor Richard Dysart in 1929 -- Actor John Astin in 1930 (age 91) -- Actor Warren Beatty in 1937 (age 84) -- Basketball Hall of Fame member Jerry Lucas in 1940 (age 81) -- Rock musician Graeme Edge in 1941 (age 80) ...

Three reasons March should act as a ‘springboard’ for stocks into April

Finance
In this article.SPXUS10YXLKXLEXLVXLPXLUXLCCFRA's Sam Stovall sees three reasons April should spell gains for stocks.Stovall, who's known for building market forecasts based on historical trends, highlights market instability over the past two weeks as his top bullish signal."The period after the Ides of March is typically volatile — actually falling about 60% of the time," the firm's chief investment strategist told CNBC's "Trading Nation" on Monday. "Whenever that has happened, it sort of set up a nice springboard into April."So far this month, the S&P 500 is up more than 4%. However, the index is virtually flat since March 15. When the index slumps in March's second half, Stovall finds a positive April happens 77% of the time.He lists corporations' quarterly results as the second rea...
March Madness roundup: Oregon upsets No. 2 seed Iowa to reach Sweet 16

March Madness roundup: Oregon upsets No. 2 seed Iowa to reach Sweet 16

Sports
March 22 (UPI) -- The seventh-seeded Oregon Ducks earned a 95-80 win over No. 2 seed Iowa on Monday in Indianapolis to advance to the Sweet 16 for the fourth time in the last five NCAA men's basketball tournaments. Chris Duarte scored a team-best 23 points for the Ducks (21-6), who showed no signs of rust after an extended layoff. Oregon reached the second round in the West Region without playing a game due to COVID-19 issues within the VCU Rams' basketball program. Advertisement VCU was forced to withdraw from the tournament after multiple positive COVID-19 tests, leaving Oregon with a nine-day break since losing in the semifinals of the Pac-12 tournament. The Ducks will face either Kansas or USC in the Sweet 16. "The guys fought through it, they stayed together," Oregon head coach Dana...
March Madness roundup: No. 13 seed Ohio upsets Virginia in first round

March Madness roundup: No. 13 seed Ohio upsets Virginia in first round

Sports
March 20 (UPI) -- The No. 13 seed Ohio Bobcats stunned the defending champion Virginia Cavaliers 62-58 in the first round of the NCAA men's basketball tournament Saturday in Bloomington, Ind. Jason Preston finished with 11 points, 13 rebounds and eight assists for the Bobcats, who reached the tournament after winning the Mid-American Conference championship. Advertisement Ben Vander Plas scored eight of his team-best 17 points during an 18-4 run in the second half to erase a seven-point deficit and give the Bobcats a 49-42 advantage. Ohio (17-7) never trailed Virginia again. The Bobcats are scheduled to play No. 5 seed Creighton on Monday in the second round. The Bluejays held off No. 12 seed UC Santa Barbara 63-62 to advance. Last year's NCAA tournament was called off because of the COVI...