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      Credit Growth to Lift India Bank Profits Despite Likely FX Losses

      Strong credit growth helped keep fourth-quarter numbers healthy at Indian banks, numbers from HDFC Bank Ltd. and ICICI Bank Ltd. showed on Saturday, though the latter reported a treasury loss linked to the central bank’s rupee derivatives curbs.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud