Mumbai: For the first time, private sector banks as a group met priority sector lending targets, including sub-targets for major heads in 2023-24, particularly in agriculture, according to central bank data. Although all bank groups managed to achieve their stipulated overall targets and sub-targets, private sector banks did better than their public sector peers. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for For the public sector, private and foreign banks, the target is 40% of adjusted net bank credit or credit equivalent of off-balance sheet exposure, whichever is higher. For small finance banks, the target is higher at 75%. One of the reasons for the private sector banks to achieve their priority sector target is that they are now allowed to invest in priority sector lending certificates (PSLCs). These are issued against banks' priority sector loans under various sub-targets and general categories. Banks use PSLCs to guard against shortfalls. The total trading volume of PSLCs climbed 26% in FY24, primarily led by PSLC-General. Among the four PSLC categories, the small and marginal farmers category registered the highest trading volume, partly reflecting specialisation by a few banks in lending to this category of borrowers and the inability of other banks to meet sub-targets through direct lending, the RBI said in its report on Trends and Progress of Banking. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program In the past five years, private sector banks have emerged as major sellers of PSLCs. In FY24, they accounted for 49% of total sales as compared with 21% in the case of public sector banks , the RBI said. Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
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New favorite for NFL Coach of the Year emergesAI and Blockchain Reshape Enterprise Cloud Security ArchitectureGeode Capital Management LLC boosted its holdings in shares of Global Business Travel Group, Inc. ( NYSE:GBTG – Free Report ) by 19.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,339,395 shares of the company’s stock after purchasing an additional 386,636 shares during the quarter. Geode Capital Management LLC owned approximately 0.49% of Global Business Travel Group worth $17,993,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in shares of Global Business Travel Group by 1,116.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,007,861 shares of the company’s stock valued at $6,652,000 after buying an additional 925,018 shares in the last quarter. State Street Corp raised its position in Global Business Travel Group by 21.7% during the third quarter. State Street Corp now owns 1,946,990 shares of the company’s stock worth $14,972,000 after acquiring an additional 346,540 shares during the period. Advantage Alpha Capital Partners LP acquired a new position in Global Business Travel Group during the third quarter worth $2,077,000. Charles Schwab Investment Management Inc. lifted its holdings in Global Business Travel Group by 41.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 806,519 shares of the company’s stock valued at $6,202,000 after purchasing an additional 237,682 shares in the last quarter. Finally, Barclays PLC grew its position in shares of Global Business Travel Group by 362.3% in the third quarter. Barclays PLC now owns 198,673 shares of the company’s stock valued at $1,528,000 after purchasing an additional 155,696 shares during the period. 82.46% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several research analysts recently weighed in on GBTG shares. UBS Group assumed coverage on shares of Global Business Travel Group in a research report on Friday, November 22nd. They set a “buy” rating and a $11.00 price target for the company. Morgan Stanley increased their target price on Global Business Travel Group from $7.00 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, Citigroup raised their target price on Global Business Travel Group from $9.00 to $9.50 and gave the company a “buy” rating in a research report on Friday, October 4th. Global Business Travel Group Price Performance GBTG stock opened at $9.37 on Friday. Global Business Travel Group, Inc. has a 1 year low of $4.49 and a 1 year high of $9.60. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $4.41 billion, a PE ratio of -26.03 and a beta of 0.73. The business has a 50 day simple moving average of $8.80 and a 200-day simple moving average of $7.61. Global Business Travel Group ( NYSE:GBTG – Get Free Report ) last issued its earnings results on Tuesday, November 5th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.14). The company had revenue of $597.00 million during the quarter, compared to analyst estimates of $611.89 million. Global Business Travel Group had a negative return on equity of 9.70% and a negative net margin of 7.06%. During the same period last year, the business earned ($0.02) earnings per share. Equities research analysts anticipate that Global Business Travel Group, Inc. will post -0.17 earnings per share for the current fiscal year. Global Business Travel Group announced that its board has approved a stock buyback plan on Tuesday, November 5th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 8.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its shares are undervalued. Global Business Travel Group Company Profile ( Free Report ) Global Business Travel Group, Inc provides business-to-business (B2B) travel platform in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies. Read More Five stocks we like better than Global Business Travel Group Why Invest in 5G? How to Invest in 5G Stocks Buffett Takes the Bait; Berkshire Buys More Oxy in December How to Calculate Inflation Rate Top 3 ETFs to Hedge Against Inflation in 2025 Top Stocks Investing in 5G Technology These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Global Business Travel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Business Travel Group and related companies with MarketBeat.com's FREE daily email newsletter .None
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Mutual of America Capital Management LLC increased its position in shares of BlackLine, Inc. ( NASDAQ:BL – Free Report ) by 67.3% in the third quarter, Holdings Channel reports. The institutional investor owned 57,884 shares of the technology company’s stock after buying an additional 23,294 shares during the period. Mutual of America Capital Management LLC’s holdings in BlackLine were worth $3,192,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company. Quadrature Capital Ltd grew its stake in BlackLine by 346.5% in the first quarter. Quadrature Capital Ltd now owns 31,846 shares of the technology company’s stock valued at $2,055,000 after purchasing an additional 24,713 shares in the last quarter. Cetera Investment Advisers bought a new stake in BlackLine in the first quarter valued at approximately $1,572,000. Comerica Bank lifted its position in shares of BlackLine by 11.8% in the first quarter. Comerica Bank now owns 124,266 shares of the technology company’s stock valued at $8,025,000 after buying an additional 13,066 shares during the last quarter. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of BlackLine in the first quarter valued at approximately $907,000. Finally, Vanguard Group Inc. boosted its stake in shares of BlackLine by 9.5% during the 1st quarter. Vanguard Group Inc. now owns 7,380,961 shares of the technology company’s stock worth $476,662,000 after acquiring an additional 642,772 shares during the period. Institutional investors and hedge funds own 95.13% of the company’s stock. Insider Activity at BlackLine In other BlackLine news, insider Karole Morgan-Prager sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the transaction, the insider now directly owns 113,865 shares of the company’s stock, valued at $6,262,575. This trade represents a 8.07 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Mark Partin sold 85,308 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $54.84, for a total transaction of $4,678,290.72. Following the sale, the chief financial officer now directly owns 226,844 shares of the company’s stock, valued at approximately $12,440,124.96. This trade represents a 27.33 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 134,108 shares of company stock worth $7,488,826. Company insiders own 9.93% of the company’s stock. BlackLine Stock Performance Wall Street Analysts Forecast Growth BL has been the subject of several research reports. BTIG Research cut their price target on BlackLine from $71.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Piper Sandler restated a “neutral” rating and set a $60.00 target price on shares of BlackLine in a research note on Wednesday. Truist Financial upped their price target on shares of BlackLine from $55.00 to $60.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Robert W. Baird lowered their price target on shares of BlackLine from $72.00 to $65.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. boosted their price objective on BlackLine from $47.00 to $50.00 and gave the stock an “underweight” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, BlackLine has an average rating of “Hold” and an average price target of $64.10. Get Our Latest Report on BL About BlackLine ( Free Report ) BlackLine, Inc provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. See Also Want to see what other hedge funds are holding BL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackLine, Inc. ( NASDAQ:BL – Free Report ). Receive News & Ratings for BlackLine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackLine and related companies with MarketBeat.com's FREE daily email newsletter .-- Shares Facebook Twitter Reddit Email In the opening scene of Halina Reijn’s delightfully lascivious “Babygirl,” the high-powered shipping industry CEO Romy Mathis ( Nicole Kidman ) is having an orgasm. Or, at least that’s what we think is happening. All the indicators are there: Romy’s face, gasping in pleasure; her head tossed back in ecstasy; the crescendo of her groans as her husband, Jacob ( Antonio Banderas ), brings himself to climax just below her. But despite this convincing show, Romy is merely faking it, a detail we learn moments later when she scurries off to the privacy of her office. There, she throws herself and her laptop on the floor, touching herself with a flushed haste to the porn playing onscreen. She’s able to build a teetering Jenga tower of psychosexual tension. Reijn states her thesis at the very top of “Babygirl,” showing us the conventional, patriarchal image of a woman’s pleasure when the reality of Romy’s sexual gratification remains somewhere else entirely. For some, this sight will feel revolutionary. To others, it may be achingly on the nose. The diminishment of female sexuality is still a begrudgingly taboo subject, spoken about in hushed tones behind closed doors, but it’s hardly a novel one. And Reijn, who most recently directed the 2022 satirical horror-comedy “ Bodies Bodies Bodies ,” understands that she’s not breaking new ground by simply reminding us of the dissonance between image and reality. Her film begins at a point that other writer-directors would work up to slowly, and it’s because Reijn establishes this familiar base of social analysis from the jump that she’s able to build a teetering Jenga tower of psychosexual tension throughout the remainder of her character study. Related The worst film performances of 2024 Keeping the structure stable until its inevitable fall requires a performer who is equally game for, well, games. In Kidman, Reijn finds a wholly committed muse, one willing to submerge herself so fully in Romy’s neuroses that the line between a revered actor simulating sex onscreen and a character consumed by her own pleasure blurs entirely. The role is Kidman’s most ferocious in years and once again cements her as one of the greatest — if not the greatest — performers of her time. Escaping Kidman’s gaze is only possible when she herself allows it to turn to the cherubic beauty of Harris Dickinson , who plays Samuel, an intern at Romy’s company. Samuel arrives during a pivotal moment, catching Romy in flux as she gears up for the next stage of her business at the same time she reaches peak sexual tedium with her husband. Though Romy and Samuel’s illicit affair is inevitable, where “Babygirl” goes after is not. Reijn’s film is completely unpredictable, switching lanes just when one least expects it. The volatility feels like its own lewd tease, and the ensuing excitement results in something extraordinarily intimate between the viewer, the filmmaker and “Babygirl” itself. Antonio Banderas and Nicole Kidman in "Babygirl" (A24) The vulnerability spread throughout “Babygirl” is evident from that very first scene when we watch Kidman splay herself on the floor. In this moment, Romy is controlled by insatiable need, and the way she flings herself onto the ground feels almost childlike in its carelessness, a juvenile desire to ride the feeling to its natural conclusion. It’s Freudian in a way that will make some people queasy. But Kidman isn’t debasing herself or regressing just for the sick sight of it all. Rather, Reijn is establishing a generalized discomfort that will cover “Babygirl” like the oily film that sits atop a fresh cup of coffee: It’s safe to consume, but if you stare at it too long, it becomes a strange symbol for all the things we stop noticing when life moves too fast. For Romy, fast is the default setting. Every minute of the day has a decision attached to it. Romy is so caught up in her business that she’s nearly attacked by a dog on the street until a handsome stranger gives a whistle and stops the mauling moments before disaster. Finally looking up and away from her phone for the first time in God knows how long, Romy locks eyes with Samuel, calming the dog halfway down the sidewalk. “Good girl,” he repeats while stroking its fur. Suddenly, an erotic force has jammed its way into Romy’s vigorous inertia, throwing her velocity entirely out of whack. When she finds out shortly after that that Samuel was near her office because he’s an intern selected for the company’s new mentorship program, Romy is once again forced to repress her sexual desire as it bubbles to the surface. But this time the restraint isn’t derived from the fear of judgment; it’s borne out of the knowledge that any dalliance with Samuel could have dire consequences. Romy’s too smart to make any rash decisions, but as it turns out, Samuel’s wits rival the big boss’. As part of the internship program, each candidate can select a mentor from a pool of higher-ups within the company. Naturally, Samuel selects Romy, who can’t seem to figure out how her name got on the list. Nevertheless, she’ll play the part of the diplomatic CEO whose door is always open. When Romy and Samuel are alone, however, their dynamic quickly turns into another story. Most everyone lives in fear of Romy’s glare, while Samuel not only meets it but holds it. Instead of merely nodding his head, Samuel asks questions and converses with Romy. His queries challenge her until Samuel oversteps a boundary when he tells Romy that he thinks she likes being told what to do, and from there, it’s game over — or, more fittingly, game on. What follows is a tête-à-tête for the ages that skillfully keeps the viewer on their toes as often as Romy is on her knees. Nicole Kidman and Harris Dickinson in "Babygirl" (A24) “Babygirl” is hardly pornographic, nor is it explicitly fetishistic, as Reijn recognizes that it would be a disservice to Romy to neatly box in or label the desires of a woman discovering her primal self for the first time, decades into her life. The film does, however, often feel illicit, and necessarily so. The sex between Samuel and Romy is playful and communicative, and it’s that rapport between two willing parties that makes “Babygirl” a genuinely sexy film. Reijn avoids the bumper sticker-ism of “consent is sexy” and instead opts for a thorough conversation about what consent means between these two parties that more effectively reflects the nuances of the term. What Samuel and Romy have permission to do with each other and to each other is in constant discussion. Moving that established boundary line back and forth gives Reijn, Kidman and Dickinson a delicious opportunity to keep things strange. You’ll never know where a scene will go or where it will stop. Like sex, “Babygirl” is at its best when it’s unpredictable. The role is Kidman’s most ferocious in years. Capriciousness is where Reijn’s movie sets itself apart from any other flick that touches on similar subject matter — particularly the “Fifty Shades” series, which may be the most obvious comparison. But you can’t compare where you don’t compete, and the decidedly unsexy thrills between Anastasia Steele and Christian Grey can’t even begin to measure up to what Reijn has in store in here, particularly because “Babygirl” isn’t really an erotic thriller, it’s an erotic cinematic profile of a woman learning to live without humiliation. Instead of focusing solely on the convert nature of Romy’s desires just to pose established sociological questions about why they’re so clandestine, Reijn homes in on the shame that Romy feels when she expresses herself. There’s immense power in finding the person who can remove the thick, nasty film of ignominy, but that’s also where the risk comes in too. “Babygirl” slyly navigates the hazards dotting the road to liberation, and when things begin to come undone, there’s even room for Banderas to jump in and keep his character from being mere window dressing in Romy’s narrative. Reijn is careful to remind us that prioritizing our id can have repercussions. Though the fallout is never quite as engrossing as the film’s middle section, it maintains an undeniable tension and allows Kidman to once again illustrate the complexities of her character and ensure that Romy is a believably three-dimensional being. Her version of “having it all” looks much different from the conventional ideals of a woman’s idyllic life suggested by fourth-wave feminism. It’s messy and filled with both love and desire, picture-perfect while openly flawed. Harris Dickinson and Nicole Kidman in "Babygirl" (Courtesy of A24/Niko Tavernise) This is maybe best conveyed by a quote Kidman gave to Vanity Fair back in August, just as the film was making its world debut at the Venice Film Festival. Kidman talked about how necessary it was for Reijn to create a safe environment that would allow its actors to fully become their characters without suffering exploitation. Kidman spoke highly of her writer-director, while noting that the role required complete, raw sublimation, which is perhaps best highlighted in a scene where Romy orgasms with Samuel for the first time. “This is something you do and hide in your home videos,” Kidman said. “It’s not normally a thing that is going to be seen by the world.” Want a daily wrap-up of all the news and commentary Salon has to offer? Subscribe to our morning newsletter , Crash Course. That quote struck me long before I ever even got eyes on “Babygirl,” particularly Kidman’s words about “home videos,” which seem almost like an antiquated concept. But upon seeing the movie, it made clear sense. Nowadays, everything we take videos of is immediately buried in our camera roll, beneath screenshots of recipes and photos of suspicious moles. Rarely will someone take those videos and stitch them into a proper vignette anymore. And when we do, we’d certainly hide whatever darkness was occurring within our family or ourselves. What Reijn and Kidman pull off in “Babygirl” touches a kind of intimacy that barely exists now, further hidden beneath new technology that succeeds by depersonalizing our wants and turning us into cogs in a machine. When Romy finds herself outside of that stasis, finally thinking about something that isn’t her family or her job, it’s an eye-opening miracle. While “Babygirl” might be a highly stylized, intricate depiction of personal awakening, it’s a necessary reminder that getting what you want is as easy as being honest with yourself. "Babygirl" is in theaters nationwide on Christmas Day. Read more Best of 2024 9 of the year's best films feature powerful, unapologetic women 12 shows for your end-of-year TV binge watch 7 fearless comedy specials you might have missed this year By Coleman Spilde Coleman Spilde is a senior staff culture writer and critic at Salon, specializing in film, television and music. He was previously a staff critic at The Daily Beast, and in addition to Salon, his work has appeared in Vulture, Slate, and his newsletter Top Shelf, Low Brow. He can be found at the movies. MORE FROM Coleman Spilde Related Topics ------------------------------------------ Antonio Banderas Babygirl Film Halina Reijn Harris Dickinson Movies Nicole Kidman Review Related Articles Advertisement:Elisabeth Borne, only the second woman to serve as French prime minister, is making a surprise return to frontline politics as education minister less than a year after losing a job that she never wished to relinquish. An experienced technocrat known for her resilience who pushed through a controversial pensions overhaul while in office, Borne served as premier from May 2022 to January 2024. The 63-year-old engineer was the first woman to head a French government in three decades after the brief stint in office of Edith Cresson who lasted under 11 months in the early 1990s, during which time she endured rampant sexism. When Borne took power, she dedicated the moment to "all the little girls". "Follow your dreams, nothing must slow the fight for women's place in our society," she said. But her departure after just over 18 months left her denouncing the "insidious sexism" that she said still permeated French politics. At President Emmanuel Macron's request, she resigned in January and was replaced by the then 34-year-old Gabriel Attal, who became France's youngest head of government but he only lasted to the summer. Borne said after her resignation that women in politics were "constantly" compared to men. "Men in politics, they all have an interest in imposing masculine codes, it eliminates the competition," she added. She also noted that all candidates to succeed her were men. "It's as if commentators were saying to themselves, 'We've just had a woman prime minister for 20 months, that's it, we're back to normal life'," she told RTL. Even when she handed over office to Attal on January 9, Borne had made clear her resentment over sexism in French politics, saying: "I have also been able to see quite often that there is still some way to go for equality between women and men." But she added in a message to women: "Hold on, the future belongs to you." Borne had proved her loyalty to Macron during his first term in office, serving as transport, environment and finally labour minister from 2020. As premier she staunchly defended his flagship pensions reform to raise the retirement age from 62 to 64. She deployed a controversial executive power to force through the legislation without a vote, despite previously saying she did not want to use it. Discreet about her private life, Borne was accused by critics of showing too little personality in office. Borne's Jewish father had been deported to Auschwitz during World War II and survived the Nazi death camp but never fully recovered. Her father took his own life when she was just 11 years old. "It's shocking for an 11-year-old girl to lose her father in these conditions," Borne told LCI. "And I think I closed up and that I avoid showing my emotions too much." "I think... this closing up, maybe, goes a little far. Yes," she acknowledged. But she expressed pride over how France had allowed her to study under a special programme for children who have lost parents. "We are a country where you can be the daughter of an immigrant, where you may have lost your father at 11, but the country reaches out to you to allow you to study," she said. "And then you are a prefect (senior local official), and then you are a minister and you are even prime minister," she added. Her father, who was reportedly named Joseph Bornstein, fled to France from Poland in 1940 and then fought in the French resistance during World War II. He was captured and deported to Auschwitz in 1944. bur-sjw/as/phz