Bank
- Business
Another US regional bank First Horizon’s stock tumbles after merger collapses
New York: First Horizon and TD Bank have called off a $13 billion deal that would have formed Americas sixth-largest bank, adding to the turmoil sweeping the countrys regional lenders, a media…
- Hyderabad
Are banks in Hyderabad closed today? Know list of holidays in May
Hyderabad: As May 1 is celebrated as Maharashtra Day and International Labour Day, banks across Hyderabad and several other Indian cities will remain closed. In addition to this, the Reserve Bank of…
- India
Here’s list of bank holidays in April 2023
New Delhi: The Reserve Bank of India (RBI) has announced the bank holidays for April 2023. There are 16 holidays listed by the central bank, including five weekly offs, the second and…
- Middle East
SNB chair resigns after his Credit Suisse comments caused investor panic
London: The chair of the Saudi National Bank (SNB) has resigned for “personal reasons”, less than two weeks after his comments spurred investor panic over Credit Suisse that ended in an emergency…
- World
US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank
Washington: US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank’s investors after the bank was abruptly shuttered, but said financial…
- World
Silicon Valley Bank collapse leaves Indian startups worried
New Delhi: The collapse of Silicon Valley Bank (SVB) in the US has left several Indian startups worried who have exposure to its investments and their raised funds may now be stuck.…
- Pakistan
Moody’s downgrades long-deposit ratings of five Pakistani banks
Islamabad: Moody’s Investors Service has downgraded the long-term deposit ratings of five Pakistani banks to Caa3 from Caa1, The Express Tribune reported. The ratings of Moody’s Investors Service suggest that the ongoing…
- Andhra Pradesh
TDP leader Lokesh promises to establish Islamic bank in Andhra
Tirupati: TDP national General Secretary Nara Lokesh on Tuesday promised to establish an Islamic bank once the party forms the government in Andhra Pradesh again. After a two-day pause, Lokesh began his…
- India
RBI cancels licence of MP-based Garha Co-operative Bank
Mumba: The Reserve Bank of India (RBI) on Monday cancelled licence of Garha Co-operative Bank, Guna in Madhya Pradesh as the lender does not have adequate capital and earning prospects. About 98.4…
- World
Bank of Japan to launch digital yen pilot program
Tokyo: The Bank of Japan (BOJ) will start a pilot program to test the use of a digital yen with commercial financial institutions in April, the central bank said. Under the program,…
- India
RBI extends deadline for locker agreements renewal till Dec 31
New Delhi: The Reserve Bank of India (RBI) on Monday extended the deadline for renewal of locker agreements between customers and banks till December 31, 2023. The extension was given by the…
- Sports
Star India asks BCCI for ‘discount’ in current deal
New Delhi: India’s home season media rights holder Star India has asked the BCCI for a Rs 130 crore discount in the existing deal while jersey sponsor BYJU’s, which is on its…
- Hyderabad
Hyderabad: Minor fire breaks out in SBI Komapally
Hyderabad: A minor fire reportedly broke out in the Central Park Road branch of the State Bank of India (SBI) on Sunday, leaving property worth Rs two lakh damaged. A short circuit…
- India
Govt allows sale of electoral bonds through 29 SBI branches from Dec 5-12
New Delhi: The Government on Saturday authorised sale and encashment of electoral bonds through 29 branches of State Bank of India (SBI) across the country between December 5 and December 12, 2022.…
- India
November 19 bank strike deferred: AIBEA
Chennai: The All India Bank Employees’ Association (AIBEA) has withdrawn its November 19 strike call after an understanding was reached with the Indian Banks’ Association (IBA) and the bank managements, said a…
