Australian shares were largely flat on Monday, as downbeat performances in most sectors partially offset support from financials and gold miners, while investors cut back fears of a possible U.S. recession following robust economic data. The S&P/ASX 200 index held its ground at 7,957.1 points, as of 0021 GMT. The benchmark closed 1.3% higher on…
READ MOREMumbai: Banks are preparing for collective equity fundraise of nearly ₹40,000 crore in the second half of this financial year, show data compiled by ET. They are expected to use the fresh capital to reinforce balance sheets, mainly to support expansion. The boards of state-run Punjab National Bank (PNB) and Bank of Maharashtra have approved…
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