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The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
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Indian shares close up 3.67 pct on easing inflation
MUMBAI - Indian shares closed up 3.67 percent on Friday, buoyed by stronger-than-expected US growth data and a dip in domestic inflation, dealers said.
The benchmark 30-share Sensex index surged 516.19 points or 3.67 percent to 14,564.53, snapping two consecutive days of losses.
"Positive news from the US and a dip in inflation boosted sentiment," said Manoj Kakaiya, dealer at brokerage ULJK Securities.
Annual inflation slipped to 12.4 percent for the week ended August 16 from 12.63 percent the previous week, marking the first fall in prices in a month.
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