NEW DELHI: Eid al-Adha, also known as Bakrid or Eid ul-Zuha, is expected to be celebrated in India on Friday, June 7, depending on the sighting…
Browsing: banks
MUMBAI: Traditional banks are losing ground in the fast-evolving financial services space to agile, tech-driven rivals. Even as overall sector revenues grow, incumbents struggle to hold…
NEW DELHI: Adani Airports Holdings (AAHL) Wednesday said it has raised $750 million via external commercial borrowings from a consortium of international banks. The transaction was…
NEW DELHI: Adani Airports Holdings Ltd (AAHL) Wednesday said it has raised $750 million via external commercial borrowings (ECB) from a consortium of international banks. The…
Reserve Bank of India’s (RBI) NEW DELHI: The Reserve Bank of India (RBI) imposed penalties totalling Rs 54.78 crore on regulated entities (REs) during the fiscal…
New Delhi: Banks across India will stay open on Saturday, May 31, as it is the fifth Saturday of the month.According to the Reserve Bank of…
Government-owned banks demonstrated remarkable growth with a 26% increase in profits to Rs 1.83 lakh crore. (AI image) Big turnaround story! Public sector banks led India’s…
As central banks worldwide accelerate their gold purchases to unprecedented levels and steer clear of Bitcoin, economist Peter Schiff sees a clear signal about the future…
The latest SBI Research report indicates that swift rate cut transmission results in immediate downward pressure on deposit rates. (AI image) Sub-7 day fixed deposits soon?…
MUMBAI: RBI has acknowledged that government’s ownership of public sector banks makes its risk management job easier. In its latest economic capital framework report, RBI notes…