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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
Digital payments and services app Paytm is working and will continue to work as usual even after Fe…
PTI
SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…
RBI cancels licence of Pune-based The Seva Vikas Co-op Bank
"The bank does not have adequate capital and earning prospects," the RBI said. It also stated that …
PTI
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
There's no evidence higher FDIC insurance would spark a big jump for stocks even as markets cheer government support for bank deposits, says Barclays
Would the market rally if the FDIC raised its $250,000 insurance limit for bank accounts? "Historic…
Carla Mozée
Hike in deposit insurance won't hit bank balance sheets: RBI
"The revision in deposit insurance will not impact banks' balance sheets much," Kanungo told re…
PTI
What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura
Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …
SVB solution ensures taxpayer dollars are not put at risk: President Biden
The US President, Joe Biden, assures the American people and businesses that a resolution of the co…
PTI
Are you a Yes Bank account holder? Here's how the crisis will impact you
Amid the financial troubles of Yes Bank, the Reserve Bank of India (RBI) issued a moratorium that c…
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
Debt schemes of MFs lose edge over bank deposits as Budget proposes to scrap LTCG & indexation benefits
With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…
Roku discloses it has $487 million in deposits at failed Silicon Valley Bank. That’s 26% of its cash.
Streaming company Roku said in an SEC filing that it held nearly a half-billion dollars at failed b…
Lakshmi Varanasi
US stocks mixed as traders mull impact of First Republic failure and brace for big Fed meeting
Trading in the month of May kicked off with the second largest US bank failure on record as traders…
Carla Mozée
'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup
Kevin O'Leary blasted SVB execs, adding that the collapse was simply due to "idiot" management that…
Jennifer Sor
Banks in India may have to fight harder for deposits
Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…
Days after hiking deposit insurance, FM says working on contentious FRDI Bill
The bankruptcy code takes care of resolution for ailing non-financial firms, but doesn't cover dep…
PTI
Fixed deposits may not longer be taken as collateral for trading on the stock market
Sources aware of the development said that the move follows difficulties in legal enforceabili…
How China handled 3 high-profile corporate meltdowns, including companies considered too big to fail — and what that could tell us about Evergrande's future
Anbang, Baoshang, and HNA are three of China's most high-profile corporate meltdowns in recent year…