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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
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
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…
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
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…
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
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
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
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
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
Indian companies are looking to international markets for growth, says CRISIL
In recent years, Indian corporations have significantly ramped up their international operations. A…
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…
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
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…
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
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
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
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
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
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…