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Attention, folks! Bank will remain closed on these days in October 2024
Here's a list of all , both nationwide and state-wise bank holidays you should know about so that y…
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
The September jobs report dashed hopes for another jumbo rate cut next month
Odds of a 50-basis-point cut in November dropped from 33% before the jobs report to about 9% in a m…
Filip De Mott
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Starbucks' app is down on the first day of the chain's holiday menu
Starbucks' mobile app was not taking mobile orders for some customers on Thursday as the chain laun…
Alex Bitter
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
"He collected our passbooks in September": Odisha postmaster allegedly siphons Rs 50 lakh from depositors
A postmaster in Odisha's Jajpur district has disappeared after allegedly stealing around Rs 50 lakh…
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
The jobs market had a very strong September
The unemployment rate ticked down in September as the Fed pivots to supporting the labor market.
Madison Hoff
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
4 trends to watch this bank earnings season
JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …
Kaja Whitehouse
Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying
The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.
Russia's imports from China surged in September as Moscow and Beijing deepen economic ties
Total trade between Russia and China has notched 1.28 trillion yuan from the start of the year thro…
Jennifer Sor
Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October
Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
Russia's central bank hikes interest rate to 21% to fight stubborn inflation
Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.
Nathan Rennolds
Banks closed for 1/3rd of October 2023 – Check out dates and details
Over the past few years, the Pradhan Mantri Jan Dhan Yojana saw the creation of over 40 crore ba…