Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...
02 Jul, 2026, 04.23 PM IST
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
02 Jul, 2026, 09.52 AM IST
Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
02 Jul, 2026, 06.33 AM IST
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
02 Jul, 2026, 01.46 AM IST
California man with bipolar disorder says ChatGPT fueled delusions, led to self-harm in new lawsuitMichael Lines, 34, said in the complaint filed in state court in San Francisco that conversations he had with ChatGPT last year escalated a...
01 Jul, 2026, 11.13 PM IST
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
30 Jun, 2026, 08.36 PM IST
US Supreme Court rejects Donald Trump's bid to restrict birthright citizenshipThe U.S. Supreme Court has delivered a significant blow to President Trump, rejecting his attempt to restrict birthright citizenship for ch...
30 Jun, 2026, 08.13 PM IST
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
30 Jun, 2026, 07.36 PM IST
US Supreme Court to rule on Trump bid to limit birthright citizenshipThe U.S. Supreme Court is set to decide on President Trump's executive order aiming to restrict birthright citizenship for children of immi...
30 Jun, 2026, 04.02 PM IST
World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
30 Jun, 2026, 02.54 PM IST
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip SabharwalMarket expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures....
30 Jun, 2026, 01.14 PM IST
Thousands of US immigrants got scammed by an attorney exploiting humanitarian visas, lawsuits sayA Washington attorney, Alexandra Lozano, is accused of fabricating abuse and trafficking claims for tens of thousands of immigrants seeking...
29 Jun, 2026, 02.04 PM IST
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
26 Jun, 2026, 12.46 AM IST
Trump climate pushback spurs courtroom battles, report saysPresident Donald Trump's rollback of federal regulations has spurred an unprecedented wave of lawsuits in defence of climate protections, a...
25 Jun, 2026, 09.43 PM IST
UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud servicesBritain's competition tribunal has just sanctioned a major £3 billion lawsuit against Apple related to its iCloud service. Led by consumer ...
23 Jun, 2026, 07.38 PM IST
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
23 Jun, 2026, 05.47 PM IST
Workday must face California lawsuit over AI bias in job screening toolsUS District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination laws do not appl...
23 Jun, 2026, 01.30 PM IST