Bank
- 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Chennai: The All India Bank Employees’ Association (AIBEA) has withdrawn its November 19 strike call after an understanding was reached with the Indian Banks’ Association (IBA) and the bank managements, said a…
- World
Indian national jailed in Singapore for bank fraud
Singapore: An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims in the US. Bhambri Kunal,…
- India
Welcome UK court’s decision rejecting Nirav Modi’s appeal against extradition: MEA
New Delhi: India on Thursday welcomed a British court’s ruling rejecting fugitive diamantaire Nirav Modi’s appeal against his extradition to India in connection with a bank loan fraud case. “We welcome the…
- World
Bank of Canada increases policy interest rate
Ottawa: The Bank of Canada has increased its benchmark interest rate by 50 basis points to 3.75 percent. Given elevated inflation and inflation expectations, as well as ongoing demand pressures in the…
- Telangana
Jobs in Telangana State Cooperative apex bank
Hyderabad: Telangana State Cooperative apex bank has invited applications from qualified candidates for filling up of Manager (scale one) and staff assistant posts in its branches across the State. Manager posts 27…
- Business
RBI rate hike on expected line, says Kerala Inc
Kochi: Leading industrialists and bankers in Kerala have welcomed the rate hike decision taken by the Reserve Bank of India’s Monetary Policy Committee (MPC), as they say these measures are timely and…
