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UBS CREDIT SUISSE DEAL
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
RBI says microfinance credit grows after seven quarters, borrower base continues to shrinkMicrofinance loans saw their first increase in over a year during the January-March 2026 quarter, despite a continued drop in borrower numb...
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...
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 ...
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
NFO Alert: ICICI Prudential Mutual Fund announces launch of balanced hybrid fundThe new fund offer or NFO of the fund is open for subscription and will close on July 14. The scheme will reopen for continuous sale and re...
DBS completes $1 billion synthetic securitisation in first for a Singapore bankSingapore's largest bank, DBS Group, has successfully completed a groundbreaking synthetic securitisation deal involving a $1 billion corpo...
Capri Global eyes up to $500 million offshore bond issueCapri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds....
5 silent reasons banks slash your credit card limit without warning
Australia's Firmus Technologies strikes AI access deal with NvidiaFirmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" customers, among others...
Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
Trump clean energy tax credit cutoff drives project rush as prices set to soarThe phaseout of the 20-year-old subsidies, accelerated under President Donald Trump's 2025 tax law, could drive contract prices for wind ...
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Foreign inflows in Asian bonds surge to three-month high in MayIn May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled...
Global Market Today: Asian stocks dip at open as oil edges higherAsian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports...