Searched for
US BANKING SYSTEM
India bonds steady as dicey Iran truce, liquidity crunch curb appetiteIndian government bonds remained steady as traders adopted a cautious stance due to lingering U.S.-Iran tensions and tight banking liquidit...
US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
Canadian lender TD tells some employees it will use software to monitor their workTD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use auto...
Canadian lender TD tells some employees it will use software to monitor their workIn a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and ris...
ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
Bandhan Bank increases FCNR(B) deposit rates to 7.1 pc after RBI forex swap moveBandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
RBI clears three-month extension for HDFC Bank interim chairman Keki MistryThe Reserve Bank of India has granted a three-month extension for Keki Mistry as interim Part-time Chairman of HDFC Bank. This allows the b...
Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a ha...
Fed begins Warsh era with rate hold, sees hike possible later in 2026The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show...
HDFC Bank board to review findings on Atanu Chakraborty's exit on June 18HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues....
SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...