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3 mins read

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…

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Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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2 mins read

Centre approves appointments of new Chairman, Managing Director of State Bank of India

The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…

ANI   


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2 mins read

Average cost of data breach in India reached an all-time high of Rs 195 Million, says IBM Report

The report highlights that 70% of breached organizations globally reported disruption. In India, l…

ANI   


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4 mins read

I left my Big Tech job to bootstrap my own business. I went from making nearly $300,000 to not paying myself a salary.

In October 2023, Soni Mehra left her job at Uber to focus on her home decor business full-time. Sh…

Pooja Shah   


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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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11 mins read

Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order

Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…

Hayley Cuccinello   


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Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey

Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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3 mins read

Congress alleges SEBI Chairperson Madhabi Puri Buch of office for profit

In a press conference in New Delhi on Monday, Pawan Khera, Chairman, Media and Publicity Department…

ANI   


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3 mins read

Banks write off loans worth ₹9.90 lakh crore in last 5 financial years

"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…

PTI   


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2 mins read

China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says

Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …

Kelly Cloonan   


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11 mins read

Big banks promised to protect the planet. Now they're doing an about-face.

Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …

Catherine Boudreau   


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2 mins read

Here's what Trump's victory means for Indian markets

Early trends in the US presidential election show Trump leading, which could impact Indian markets.…

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2 mins read

Wayanad Landslide: Kerala Bank waives loans for disaster victims at Chooralmala Branch

In the wake of the landslide disaster at Mundakkai in Wayanad district of Kerala that took place on…

ANI   


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2 mins read

Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…

PTI   


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5 mins read

Ahead of Dhanteras 2024, how has gold glittered so far this year?

At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…

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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI