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Good news for HDFC Bank borrowers: Bank cuts lending rates across tenures by up to 10 bps; check latest listHDFC Bank has reduced its MCLR rates on select tenures by up to ten basis points. These revised rates will become effective from September ...
Gold loan in 2026: 8 key rules and risks before you pledge your family jewellery
Gold lending industry to witness nearly 28% CAGR over FY26-28E: Motilal Oswal ReportIndia's gold lending industry is projected to witness approximately 28 per cent compound annual growth rate (CAGR) over FY26-28E, driven by...
ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...
How El Nino is choking the Panama CanalThe Panama Canal will reduce daily ship transits due to a severe drought. This El Nino phenomenon is causing significant water shortages fo...
Banks offer semi-fixed loans to deploy surplus liquidityBanks are deploying surplus liquidity through new mortgage products. HSBC and Kotak Mahindra Bank lead with semi-fixed home loan options. T...
Aditya Birla Group gets Rs 24,000 crore bank commitments for Shell deal, 70% more than plannedAditya Birla Group secured loan commitments exceeding its initial acquisition funding needs. Axis Bank and State Bank of India offered subs...
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And highe...
Erin Piacenti’s Times Square stabbing update: BoFA Vice President and new mom had just celebrated her baby’s baptism before stabbed to deathErin Piacenti, a 32-year-old Bank of America vice president and University of Pennsylvania and Fordham Law graduate, was fatally stabbed in...
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
In 1892, engineers began the Chicago Canal to divert sewage using 42 million cubic yards of earth; more than a century later, it may help Asian carp reach the Great LakesIn 1885, Chicago undertook the monumental task of reversing its river flow to safeguard drinking water by rerouting sewage from Lake Michig...
Bank of America vice president killed in Times Square stabbingBank of America vice president Erin Piacenti died after a stabbing incident. The attack occurred in Times Square on Monday, according to re...
Pace of gold loan expansion slows as banks adjust to new regulationsBank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financ...
Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...