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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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2 mins read

Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI   


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4 mins read

Bank employees on strike today and tomorrow — ATMs, net and mobile banking likely to be the only relief

Over one million public sector bank employees are on strike today and tomorrow, March 15 and March …

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4 mins read

Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation

While the government has not commented on this development, the four shortlisted banks are leadi…

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3 mins read

Indian heatwaves could soon break 'survivability limit', cause 3.4 crore job losses

We saw eight times as many heatwaves this year than usual and five times as many thunderstorms. So …

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2 mins read

Jennifer Sor   


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2 mins read

Bank employees to go on a nationwide strike on November 26 in solidarity with farmers’ protests

Farmers in Punjab are protesting the three recently enacted farm laws passed during the Monsoo…

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4 mins read

EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme

Indian government is asking bankers to work on holidays to double the loan disbursement under the …

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1 min read

Stock market today: Futures gain ahead of final inflation data before the Fed's March meeting

Stocks are set to open higher as Wall Street looks to the last batch of inflation data before the F…

Polly Thompson   


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6 mins read

A deadly Israeli strike in Syria ratchets up a years-long shadow war with Iran that could again put US forces in the crosshairs

War experts say Iran may retaliate for the attack in Damascus in part by targeting American troops …

Jake Epstein   


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2 mins read

Banks will be shut for six days next month as employees protest ‘half’ wages

India’s public sector banks will be shut for nearly a week in March between 10 and 15 as union empl…

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3 mins read

Three years and five strikes later, wage revision for public sector bank employees at par with 2012

In order to defer the three-day strike — along with three scheduled holidays — the IBA will also…

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1 min read

New York Community Bancorp surges 42% after striking a deal to acquire the assets of failed Signature Bank

Wedbush upgraded NY Community Bankcorp stock to outperform, citing expected earnings boost from the…

Morgan Chittum   


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5 mins read

Insider Today: Big banks are screwed

Citigroup's massive reorg highlights the threat big banks are under. Google is cutting more jobs, a…

Dan DeFrancesco   


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4 mins read

Two-day Bharat Bandh: Essential services likely to be affected

Some of the essential services related to banking, transportation, railways and electricity are lik…

PTI   


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2 mins read

Billionaire investor Jeffrey Gundlach flags risks to stocks, says house prices may drop, and sees a recession striking before the summer

The flood of cash into money-market funds will boost safe bonds, not tech stocks, and cheaper mortg…

Theron Mohamed   


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2 mins read

Be ready for stocks to stumble and recession to strike, Bridgewater's co-chief investor says

Don't be surprised if economic growth slows and inflation lingers, causing stocks to drop and a rec…

Theron Mohamed   


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4 mins read

Bharat Bandh: Here’s how the nationwide strike by trade unions is affecting the daily life of citizens

“The strike has begun. Kerala and Tamil Nadu are completely shut down. A sim…

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1 min read

Bank strike deferred

All India Bank Employees' Association (AIBEA) statementsaid that in the bipartite meeting, which wa…

PTI