#MintPremium | Banks, NBFCs continue to battle rising stress in unsecured loans in Q1; Coinbase circles CoinDCX after $44 mn crypto heist; Top News

#MintPremium | Banks, NBFCs continue to battle rising stress in unsecured loans in Q1; Coinbase circles CoinDCX after $44 mn crypto heist; Top News

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Indian banks continued to experience stress in their unsecured loan books in the first quarter of the current financial year, with select lenders and non-banking financial companies (NBFCs) flagging higher bad debt in new segments such as credit for small businesses and retail commercial vehicles

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US cryptocurrency giant Coinbase is in advanced discussions to acquire India's CoinDCX as the local crypto exchange recovers from a $44 million hack, two people aware of the development said

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Private equity firms TA Associates and True North are initiating a sale of their stakes in Accion Labs, targeting a billion-dollar valuation.

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India’s top IIMs are witnessing a sharp rise in pre-placement offers this year, with consulting, finance, and emerging sectors like renewables and edtech driving early hiring. Pre-placement offer volumes are up 10-20%, with firms also offering higher compensation

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