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Adani group: Don’t catch a falling knife, says Deepak Shenoy

CFO News

SBI is one of those stocks which I have never been able to get myself to buy and hold for a long time. But numbers look attractive and the PSU tag is the only thing that keeps me worried about it.” “The large banks, specifically Kotak, ICICI and HDFC are probably decent to be with. Perhaps that is my mistake more than anything else.

Numbers 52
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Bajaj Hindusthan sugar proposes second restructuring plan

CFO News

The company owes a group of 10 lenders led by State Bank of India (SBI) a total of ₹4,900 crore. Delays in payments had meant the account was tagged as NPA in the fourth quarter of last fiscal. However, the company cleared its outstanding dues in the last three months and has proposed a fresh payment schedule to banks.