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Rupee rises 7 paise to 84.22 against US dollar in early trade
Moreover, the win by the incumbent government in Maharashtra, further fueled investor confidenc…
PTI
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…
Curious to know what the Reserve Bank does? Star India will soon produce a web series narrating the RBI's 90-year journey
The series will be available on both national television and OTT platforms, expanding its reach and…
This new Goldman Sachs partner is leading the bank's strategy with young heirs and founders
New Goldman Sachs partner Brittany Boals Moeller leads the bank's strategy with millennial, Gen Z, …
Hayley Cuccinello
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…
Banks and the federal government point fingers as Americans lose billions to online scams
Banks and the federal government are debating the best way to address rampant online scams, which h…
Kenneth Niemeyer
Muhurat trading 2024: 5 stock picks you can consider this time around
Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…
I made it to managing director after 17 years in banking, then I quit. I didn't want to work myself into the ground well into my 60s.
Eric Sim, 54, spent more than 20 years in banking. The former UBS managing director now works as a …
Kwan Wei Kevin Tan
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
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
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
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…
Reed Alexander
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported third-quarter earnings on Tuesday that surpassed analysts' expectations.
Theron Mohamed
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…
Hayley Cuccinello,Emmalyse Br…
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …