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Overall, the STOXX banking index, which tracks the largest lenders in Europe, is down 5.5% on Thurs…
Will Martin
Union Bank of India Q3 net zooms to Rs 575 cr as bad loans shrink
Gross non-performing assets (NPAs) fell to 14.86 per cent (Rs 49,923.58 crore) of gross advances b…
PTI
India’s largest bank bats for the government’s proposed cash handouts to farmers but says they must be unconditional
The annual cost of the cash transfer programme, excluding implementation costs, is pegged at ₹…
United Bank Of India First Bank To Declare KFA And Vijay Mallya As Wilful Defaulter
There are serious repercussions of a company being declared a wilful defaulter which include restri…
Economic Times
European Bank Stocks Are Getting Slammed
The fear for those banks is that if the new approach is to "bail in" senior creditors in future res…
Matthew Boesler
Italy could give its banking system a shot in the arm and shares are going crazy
Leading the gains on the day is Banca Popolare Emilia Romagna, which is up more than 13%, closely f…
Will Martin
Vijay Mallya Resigns From The Board Of Mangalore Chemical Fertilisers
“Mallya, a director on the board of directors of the company, has resigned with immediate effect,” …
Kingfisher Airlines Gets Relief From Calcutta High Court Against Wilful Defaulter Tag
“We had earlier stated that we would legally challenge the wrongful decision of United Bank of In…
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely.
A common question about universal basic income, or UBI, is how people spend the money, but early tr…
Theron Mohamed
I'm a former JP Morgan exec who now works to distribute basic income payments to those in need. Here's why I do it.
Wole Coaxum left his high-level job at JP Morgan to start a B Corporation that distributes guarante…
Katie Balevic
First, Barbados said goodbye to the Queen and dubbed Rihanna a 'national hero.' Now, it wants to give money to its citizens forever.
Barbados better have my money. You don't have to work work work for it. Barbados is proposing unive…
Jason Lalljee
OBC requests FinMin to give new name for merged entity: CEO
He said OBC has 2,400 branches, 2,600 automated teller machines and 22,000 employees and added tha…
PTI
Here's how the Silicon Valley dream of universal basic income slowly — then suddenly — became a solution for inequality in the US and abroad
Former Democratic presidential candidate Andrew Yang's UBI was a part of pandemic relief, and he's …
Marguerite Ward,Drake Baer
No job losses post merger of 10 PSBs: Govt
New Delhi, Dec 3 () The government on Tuesday assured the Rajya Sabha that merger of 10 public sect…
PTI
Samsung may launch three kinds of foldable smartphone models in 2021
Samsung is reportedly planning to launch three kinds of foldable smartphone models next year.
Amalgamated PNB gets onboard Vijay Dube, Sanjay Kumar as executive directors
Dube holds Masters Degree in Business Administration from FMS Delhi, University of Delhi, and a Po…
PTI
CBI books Chennai-based firm, its directors for cheating SBI of over Rs 88 cr
"It is observed that the Company was maintaining an account with UBI (without SBI knowledge/permis…
PTI
Indian macroeconomic situation bleak, set to worsen if lockdowns continue: Jean Dreze
According to Fitch Ratings, India may post in 2020-21 a GDP growth of 2 per cent, the slowest sinc…
PTI
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…