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Yes Bank is focusing on profitable retail asset products. The bank expects retail growth between 10% and 12% in fiscal year 2026. Loan growth is expected from large corporates, mid-market companies, SMEs, and retail segments. Deposit costs are managed effectively. The bank aims for a 1% Return on Assets by fiscal year 2027.
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The Indian government has imposed a 12% provisional safeguard duty on specific steel products for 200 days to address a surge in imports. This decision follows a recommendation by the Directorate General of Trade Remedies after a probe initiated by a complaint from the Indian Steel Association. The investigation revealed a significant increase in imports, potentially harming domestic steel producers.
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In the Nifty200 pack, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on April 21, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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