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Mega-merger of PSU banks to be effective from Wednesday; 6 banks cease to exist
Commenting on the consolidation, Canara Bank MD L V Prabhakar said, "We are delighted that followin…
PTI
COVID-19: Bank of Baroda launches personal loan for existing retail borrowers
"The objective of Baroda Personal Loan COVID 19, is to provide ease to tide over the liquidity mis…
PTI
Relief loans are going to areas with pre-existing bank relationships instead of most infected regions, Fed economists find
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approval…
Ben Winck
Now pre-book Samsung Galaxy Note20 for ₹77,999 in India
Samsung on Thursday announced that pre-booking for its Galaxy Note20 series is now open in India, T…
Central bank digital currencies do not threaten the existence of cryptocurrencies, Morgan Stanley says
Morgan Stanley said cryptocurrencies will coexist with CBDCs, with bitcoin and others increasingly …
Harry Robertson
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
Millennials' distrust of banks is spawning a new breed of startups
"I think it's really hard to offer a full suite of banking and I think companies and startups, as w…
Avery Hartmans
Career in the Financial Sector could actually be a good bet, if salary is a criterion to go by
Financial institutions in India continue to be at the bottom of the list of sectors paying the lowe…
Can a Home Loan Balance Transfer Benefit You?
Home loan balance transfer is an option that allows you to benefit from a downward movement in lend…
One of the world's biggest banks just admitted bitcoin could destroy existing finance firms
But the truth - as Palychata makes clear - is these banks are being forced to innovate. While its u…
Oscar Williams-Grut
More than dozen PSBs announce COVID-19 emergency credit line
The quantum of loan is in the form of additional line of credit ranging from 10 per cent or higher…
PTI
Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA
Existing and new home prices diverged in 2023, as the lack of home sellers kept properties off mark…
Filip De Mott
How British Banking Ended Up As A Cartel
But that's not actually the full story, because it underestimates the amount of variety in financia…
Mike Bird
Switzerland's biggest banking problem lies between its negative interest rates and non-existent cash
But Switzerland currently has a negative interest rate, because the central bank there is attemptin…
Lianna Brinded
Why TransferWise's $1 Billion Valuation Will Terrify The Banks
London is a particular hub for European FinTech innovation (it's telling that despite being conside…
Rob Price
No F&O contracts for Yes Bank from May 29: BSE, NSE
The RBI, in a notification, on Thursday said the financial position of Yes Bank has undergone a st…