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2 mins read
Banks should pass reasoned orders while declaring entity/person wilful defaulter: HC
The Bombay High Court has said banks and financial institutions should pass reasoned orders before …
PTI
3 mins read
Stock market closing: Reliance, ONGC rally, HDFC and Titan amidst laggards
HDFC Bank (down by 4.5%), Titan (down by 1.90%), LTI Mindtree (down by 0.85%), Tata Steel (down by …
3 mins read
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…
PTI
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
5 mins read
PM Modi heads to Italy today for G7 Summit, first overseas visit after assuming office for third term
Rao said that PM Modi will play an important role in one of the global platforms, to engage with ot…
ANI
5 mins read
Meet the group preparing for a Soviet Union-type collapse of the US economy
Opinions fluctuate on the economy, but one group has a decidedly strong take.
Dan DeFrancesco
2 mins read
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
3 mins read
DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …
1 min read
Loan scam case: SC cancels bail granted to DHFL's Wadhawans
The Supreme Court on Wednesday cancelled the bail granted to former DHFL promoters Kapil Wadhawan a…
PTI
2 mins read
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…
ANI
2 mins read
'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…
Matthew Loh
2 mins read
A union for Boeing workers is set to give them training on whistleblower laws, saying staff are being punished for speaking out
The SPEEA said its members continue to report being punished for speaking up about safety concerns.
Pete Syme
3 mins read
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
3 mins read
The State of the Union is Biden's biggest moment before the election
Joe Biden's third State of the Union address is set to come at the most critical moment yet. It may…
Brent D. Griffiths
1 min read
Indian Overseas Bank's marketcap nearly doubled in September quarter
Indian Overseas Bank saw its market capitalization nearly double during the July-to-September quart…
2 mins read
Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL
Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…
PTI
3 mins read
Banking issues hinder growth of exports through e-commerce: GTRI report
Banking issues like reluctance to process forex received through alternate channels and high proces…
PTI
4 mins read
Are banks open today? Here's a list of U.S. bank holidays for 2024
Banks and credit unions often close on holidays listed the Federal Reserve System's 2024 holiday sc…
Sophia Acevedo, CEPF
2 mins read
As BoI becomes first bank to launch Mahila Samman Savings Certificate, here's what you need to about it
Bank of India, one of the largest public sector banks in India, has launched the Mahila Samman Savi…