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1 min read

Union Finance Minister Nirmala Sitharaman reviews performance of RRBs in North East

Union Finance Minister Nirmala Sitharaman chaired a meeting to review the performance of 7 Regional…

ANI   


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3 mins read

This new Goldman Sachs partner is leading the bank's strategy with young heirs and founders

New Goldman Sachs partner Brittany Boals Moeller leads the bank's strategy with millennial, Gen Z, …

Hayley Cuccinello   


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3 mins read

Indian markets under pressure as global rate cuts stir uncertainty, new report says

Indian markets experienced volatility as global economic shifts and political developments impacted…

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2 mins read

Europe faces a 'full-blown recession' under Trump's tariffs, big bank says

Trump has pledged to launch fresh tariffs on imports into the US during his second term, which woul…

Polly Thompson,Will Martin   


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3 mins read

India could lose a quarter of its economy by 2070 – here’s why

India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…

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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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2 mins read

5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says

The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…

Filip De Mott   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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2 mins read

Russia is doubling pay to recruit more soldiers. But many regions can't afford it.

Vladimir Putin recently ordered the doubling of military-recruitment bonuses. It's put certain regi…

Filip De Mott   


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2 mins read

Russia, which is in a demographic crisis, wants people to stop using dating apps in Kursk and other regions

Ukraine launched a surprise invasion into Russia's Kursk region on August 6.

Huileng Tan   


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2 mins read

Indian companies are looking to international markets for growth, says CRISIL

In recent years, Indian corporations have significantly ramped up their international operations. A…

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2 mins read

FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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2 mins read

A commercial real estate crash is unfolding, and regional banks are feeling the pain

Commercial real estate loans are going sour with huge defaults on the horizon, pummeling banks from…

Aruni Soni   


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3 mins read

RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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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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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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2 mins read

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   


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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

Nearly all Chinese banks are refusing to process payments from Russia, report says

Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…

Huileng Tan