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AU Small Finance Bank announced preliminary financial results for the quarter ended September 30, 2024, showing an increase in both deposits and advances for the period.Total deposits reached Rs 1,09,690 crore, up 12.7% quarter-on-quarter and 12.3% year-to-date after the merger with Fincare SFB on April 1, 2024.Total prepayments also increased to Rs 96,030 crore, reflecting 5.9% quarter-on-quarter growth and 11% year-to-date growth. The bank’s total loan portfolio, including securitized and transferred loans, totaled Rs 1,05,030 crore, registering a growth of 5.2% compared to the previous quarter. Current and Savings Account (CASA) deposits stood at Rs 35,520 crore, up 10.9% from…

top line Former President Donald Trump and his allies have argued that the Federal Emergency Management Agency is unable to adequately respond to the aftermath of Hurricane Helen because too much money is being diverted to aid migrants. Not true, FEMA’s funding for disaster relief efforts is very limited and separate from the money given to immigrant communities. Former President Donald Trump arrives at Valdosta Regional Airport on Sept. 30 in Valdosta, Georgia…(+) to visit areas affected by Hurricane Helen.Getty Images important facts President Trump has repeatedly claimed that FEMA has financial problems because of the money spent on immigrants,…

Ottawa, Oct. 04, 2024 (GLOBE NEWSWIRE) — The global collagen market size was estimated at US$ 10.73 billion in 2023 and is projected to reach around US$ 27.47 billion by 2034, expanding at a CAGR of 8.9% from 2024 to 2034. The expanding area of application of collagen, rising health awareness, and the increasing demand for functional foods drives the collagen market. Collagen is commonly found in the skin, tissues, and bones of the body. The body constantly develops collagen. However, collagen production within the body naturally declines with age, which reduces the skin’s structural integrity and leads to the…

Guardian Capital LPTORONTO, Oct. 4, 2024 (Globe Newswire) — With the previously announced termination of the Guardian U.S. Equity Fund (the “Fund”) scheduled for November 29, 2024 (the “Termination Date”) In a related move, Guardian Capital LP (the “Manager”) announced today that it will allow subscriptions to units of the Fund until November 26, 2024.Effective November 27, 2024, direct applications for units of the Fund will no longer be accepted. Fund redemption requests will continue to be accepted until the close of business on November 27, 2024. All units of the Fund still held by an investor as of the…

What is going on here?Eurozone bond yields rose as the US jobs market showed unexpected strength in September and Fed and ECB interest rate expectations weakened amid geopolitical and oil market complexities.What does this mean?The United States added 254,000 jobs in September, more than expected, pushing up euro zone bond yields. Strong employment data could ease inflation concerns and, consistent with the Fed’s emphasis on full employment, could stall interest rate cuts. Germany’s two-year bond yield has rebounded to 2.175% due to low inflation in the euro zone, while geopolitical tensions have pushed up oil prices and exposed markets to…

The Wilton Select Board will allow recreational vehicles, including ATVs and snowmobiles, to be parked on town property on Munson Road near the Whistle Stop Trail intersection. Some scoring will be done on site as training for town crews. Donna M. Perry/Sun Journal WILTON — The Select Board discussed Tuesday a plan to provide parking for all-terrain vehicles and snowmobiles on a property on Munson Road, known locally as “Snowdump,” near the Whistle Stop Trail intersection. . Select Board Vice Chairman Mike Wells and Select Board Member David Leavitt previously met with Public Works Department Foreman John Mase and others…

ASR currently operates as a Lloyd’s services company that underwrites risks in Africa. Insurance Business American Reinsurance ASR operates as a Lloyd’s service company that underwrites risks in Africa. Development expands Lloyd’s access to Africa and the Middle East reinsurance Written by Kenneth Arauro Africa Specialty Risks (ASR) has announced that its UK-based legal entity, Africa Specialty Risks Ltd (ASR Ltd), will operate as a Lloyd’s service company. The development will enable ASR Ltd to undertake underwriting activities on behalf of ASR Syndicate 2454, strengthening the group’s distribution network and providing brokers in Africa and the Middle East with more…

After a year away from the game, former Red Sox manager Terry Francona has come out of retirement to join the Cincinnati Reds.News of Francona’s acquisition broke late Thursday night, and the Reds made the move official on Friday, saying both sides had agreed to a three-year deal with a club option for 2028.Francona, a three-time Manager of the Year, has managed 23 seasons in the major leagues since 1997, including four years with the Philadelphia Phillies, eight years with the Red Sox, and Cleveland. Includes 11 years with the Guardians. He had his greatest success in Boston, leading the…

Palm Valley Capital Management, an investment management company, has announced the third quarter 2024 investor letter for the Palm Valley Capital Fund. A copy of the letter can be downloaded here. Palm Valley Capital Fund gained 2.43% in the third quarter. In comparison, the S&P Small-Cap 600 Index and Morningstar Small-Cap Index returned 10.13% and 8.48%, respectively. During the quarter, the fund’s equity position increased by 8.32%, slightly below the small-cap benchmark. Cash equivalents represented 81.5% of the fund’s assets at the end of the period. Plus, check out the fund’s top 5 holdings to find out the best stocks…

Mumbai-based private lender RBL Bank on Friday announced its preliminary results for the quarter ended September 30, 2024, showing solid growth in both deposits and advances.The bank’s total deposits stood at Rs 1,08,028 crore, up 20% year-on-year and 7% quarter-on-quarter, exchange filings showed.Gross advances, which represent total advances to customers, increased to Rs 89,786 crore. This reflects a 15% year-over-year increase and a 2% increase from the previous quarter. Retail advances, which are loans to individual customers, showed particularly strong growth, increasing 24% year-on-year. By contrast, wholesale advances, which are large loans typically given to businesses, rose 3%. The ratio…