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2 mins read

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   


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2 mins read

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…

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1 min read

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…

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3 mins read

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   


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2 mins read

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 …

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2 mins read

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…

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2 mins read

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   


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3 mins read

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…

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3 mins read

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   


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2 mins read

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   


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5 mins read

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   


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3 mins read

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   


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2 mins read

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…

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5 mins read

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   


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1 min read

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   


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4 mins read

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…   


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3 mins read

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…

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2 mins read

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…

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3 mins read

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   


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3 mins read

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 …