Das said that the MPC agreed to leave the policy rate steady at 6.5 percent at its monetary policy meeting. It was the same at the last (April) meeting.

On Monday, the Swiss international investment bank UBS announced that it would purchase Credit Suisse “as soon as June 12.” Following a government-backed rescue earlier this year, this takeover would result in a massive balance sheet of $1.6 trillion.

State Bank of India’s Q4 results showed an 83 percent increase in net profit to Rs 16,694 crore for the three months that ended on March 31, 2023. State Bank

One of Australian ‘Big 4’ banks reported endeavors to battle crypto misrepresentation exercises pointed toward decreasing misfortunes from tricks. Westpac, one of Australia’s ‘Enormous Four’ banks, is sending off its

Indian banks have expressed their concerns regarding the elevated overnight rates at a recent money markets association meeting. Senior treasury officials revealed that they informally approached the Reserve Bank of

Due to his refusal to agree to forfeit any of the $10 million per year he got from the defunct lender, the former Silicon Valley Bank CEO is under criticism

The coordinated effort will host the two gatherings exploring the disconnected abilities of the CBDC given by South Korea’s national bank. Tech monster Samsung Hardware has purportedly cooperated with South

India’s headline retail inflation is expected to continue its downward trend towards 4%, the midpoint of the Reserve Bank of India’s (RBI) target range, according to economists. This decline is

The biggest US bank reported that Epstein’s behaviour fluctuated from victim to victim and over time and that the bank’s awareness of and supply of financial services also varied. Over

US Treasury Secretary Janet Yellen has opined that the contemporary banking milieu and the concomitant diminution of earnings at certain regional banks may lead to an accentuated consolidation in the

By June 2023, there will be a merger of HDFC and HDFC Bank. The combined company will be called HDFC Bank. Customers of HDFC, whether they are depositors or borrowers,

The Securities and Exchange Board of India (SEBI) is an authorized body that checks regulations on securities, which are tradable financial assets along with supervision of commodity markets in our