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1 min read
Russia is threatening to retaliate against the West in equal measure if it confiscates Moscow's frozen assets to help Ukraine
Leaders of the Group of Seven are set to discuss how to legally seize $300 billion in Russian centr…
Huileng Tan
1 min read
Russia says it has a hit list of potential targets to seize if the West confiscates its assets to help Ukraine
The West froze $300 billion in Russian central bank assets following its invasion of Ukraine. G7 le…
Huileng Tan
1 min read
Frozen Russian assets should be taxed to fund Ukraine's rebuild, Treasury Secretary Janet Yellen says
Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets on Wednes…
George Glover
5 mins read
To help end the war in Ukraine, seize Russia's state assets and use them for reparations
Too often proponents of a deal to end the war dwell on concessions that Ukraine must make, instead …
Charles R. Davis
3 mins read
Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends
Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…
3 mins read
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
3 mins read
Support grows for selling seized Russian assets to fund Ukraine – but experts warn it's a complicated and risky strategy
Besides being politically risky, changing ownership of Russian assets in order to sell them would t…
Urooba Jamal
2 mins read
Loans worth ₹10,09,511 crores written off in last five financial years: Sitharaman
Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five …
PTI
4 mins read
How Salt Lake City's Innovation Team is improving the city's financial systems and communication with residents
The team has plans to overhaul the city's financial, human resources, and payroll systems and ensur…
Erica Sweeney
2 mins read
Crisil affirms Yes Bank ₹18,000 crore bonds rating at BBB
The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank. …
PTI
10 mins read
How Jay-Z and Jack Dorsey's Bitcoin Academy provides financial inclusion and breaks down barriers of inequity
Insider profiled Jay-Z and Jack Dorsey's Bitcoin Academy at the conclusion of its program for Marcy…
John Lynch
1 min read
Yes Bank reconstruction may further aggravate liquidity issues for NBFCs: Report
An extended credit squeeze will likely exacerbate asset quality risks for the financial sector, in…
PTI
3 mins read
Reliance Capital debenture holders pave the way for asset monetisation
Reliance Capital (RCAP) debenture holders at their meeting held on January 5, passed the resolution…
3 mins read
Reliance Capital asset sale: SBI Life and Apollo join the race, nearly 70 bids received so far
Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega respons…
1 min read
Jio, UVARC emerge top bidders for RCom assets
New Delhi, Jan 14 () Reliance Communications' (RCom) assets have received bids of around Rs 25,000 …
PTI
2 mins read
Insolvency law a 'Swachhata drive' against non-performing assets: IBBI chief
"As and when they find a problem, they try to address it as expeditiously as possible. The insolve…
PTI
1 min read
'RCom creditors approve Rs 23,000 cr asset sale plan to Jio, UVARCL'
"Loans of Chinese lenders will reduce by nearly 65 per cent to around Rs 4,000 crore from around Rs…
PTI
2 mins read
Investments in Yes Bank aimed at providing financial stability, not ROI: SBI chief
"The decision of the SBI and all other banks coming together, it is not guided by the return on ca…
PTI
2 mins read
Local HNIs, financial institutions keen to invest in Yes Bank, say analysts
"Apart from capital support, SBI holding stake in the bank will soothe depositors, as otherwise Ye…