In a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...

On September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...

India’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...

Indian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...

A massive Louisiana solar panel factory operates independently of new import tariffs. This plant produces panels using a unique cadmium tel...

At the same time, the RBI remains watchful of risks from geopolitics, crude oil prices and global monetary policy developments.

A former juvenile prison in Nara, Japan, built in 1908 and used until 2017, has been transformed into a five-star Hoshinoya hotel. Around 5...

Crisil reports India's growth may slow to 6.6 percent this fiscal year. Foreign portfolio investor inflows improved significantly in July, ...

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...

India's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...

India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...

Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certi...

Indian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driv...

Many savers forget to act when their certificate of deposit (CD) reaches maturity. This can lead to an automatic renewal with a lower inter...

Best CD rates today: Deposit account rates are drifting lower, but savers can still lock in strong returns with Certificates of Deposit (CD...

In March this year, interest rates on CDs shot up from 10.5% to nearly 12% as banks made desperate attempt to garner deposits.