You Searched For "depositors" and got 20 results
Sort By:
2 mins read
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
PTI
1 min read
Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…
PTI
4 mins read
Silicon Valley Bank depositors are saved at the last minute
In this edition: The latest on Silicon Valley Bank, Microsoft's plan to beat Google in search ads, …
Matt Weinberger
2 mins read
Silicon Valley Bank's new CEO urges depositors to bring back their money
Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…
2 mins read
Savings of depositors safe, assures US government after two banks collapse
Silicon Valley Bank collapsed on Friday, while New York-based Signature Bank was closed by the stat…
ANI
3 mins read
Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary
In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…
PTI
1 min read
FDIC mistakenly releases confidential information on Silicon Valley Bank depositors, revealing major tech giants that benefitted from government help
One of the failed bank's biggest clients was Sequoia Capital, a tech firm that backs giants like Ap…
Katie Hawkinson
1 min read
RBI wants depositors to act on unclaimed deposits
Unclaimed funds at banks are piling up as depositors and their heirs haven’t been acting towards th…
2 mins read
The rescue of SVB and Signature Bank depositors leaves the incentive for bank runs, Wharton finance professor says
"The contagion risk is that there is a run on other banks that are financed by a large fraction of …
Phil Rosen
1 min read
Janet Yellen says she's 'concerned' about Silicon Valley Bank depositors and is trying to 'meet their needs'
The Treasury Secretary said regulators were "very aware of the problems" faced by depositors in the…
Sam Tabahriti
1 min read
SC allows Centre's plea seeking ₹5,000 cr from SEBI-Sahara fund to repay depositors
The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of Rs 5,000 crore ou…
PTI
2 mins read
SVB depositors including Roku and Roblox are under scrutiny from Elizabeth Warren and AOC for their 'unusually cozy' relationships with the failed bank
"The American people deserve to know how these mutual backscratching arrangements developed," Warre…
Carla Mozée
1 min read
People are pouring cash into money market funds at the highest rate since the start of COVID as depositors flee banking turmoil
More than $120 billion in cash was pushed into money market funds with depositors looking for safet…
Carla Mozée
1 min read
Silicon Valley Bank's failure will cost $20 billion – that's almost a sixth of the pool of funds that insures US depositors
The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
Zahra Tayeb
1 min read
UBS is now 'the world's safest bank' for depositors because Switzerland has made it too big to fail, analyst says
"The Swiss authorities have told everybody that this thing is too big to fail," TD Cowen's Jaret Se…
Filip De Mott
1 min read
Benchmark's Bill Gurley calls Silicon Valley Bank's collapse 'a black swan event' at SXSW, and casts aside criticism of the move to secure its depositors
Benchmark's Bill Gurley said people need to think about the implications of Silicon Valley Bank's c…
Madeline Renbarger
2 mins read
RBL Bank depositors need not worry, assures RBI
“The Reserve Bank would like to state that the bank is well capitalised and the financial positi…
2 mins read
Jamie Dimon says the banking chaos won't spark a 2008-style financial crisis - and Warren Buffett's $1 million offer should reassure depositors that their money is safe
It's a good sign that Buffett would bet $1 million on zero American depositors losing money in bank…
Theron Mohamed
2 mins read
RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund
Interestingly, in its order, RBI outlined that the continuance of Rupee Cooperative Bank wou…
3 mins read
Here are banks that rose FD interest rates posing an attractive opportunity for depositors
Investment in fixed deposits (FD) at banks is still one of the popular investment products because …