CrowdStrike update that caused global outage likely skipped checks, experts sayCrowdStrike's routine Falcon Sensor update crashed systems globally. Manual fixes were necessary due to vetting issues, as noted by experts...
20 Jul, 2024, 07.24 AM IST
US bank lending slumps by most on record in final weeks of MarchThe biggest 25 domestic banks account for almost three-fifths of lending, although in some key areas — including commercial real estate — s...
08 Apr, 2023, 09.49 AM IST
SVB like collapse unlikely to occur in India as banking system robust: Anand Rathi reportThe failure of two US banks has no material effect on the earnings outlook of Indian publicly traded companies, the report stressed, while ...
20 Mar, 2023, 08.53 PM IST
Collapse of Silicon Valley Bank: An opportunity for IFSC, GIFT City?IFSC, GIFT City, which houses many private and public sector banks, global MNC banks, have been in operation for a long time now
15 Mar, 2023, 08.52 PM IST
Was this a bailout? Skeptics descend on Silicon Valley Bank response.While the definition of "bailout" is ill-defined, it is typically applied when an institution or investor is saved by government interventi...
14 Mar, 2023, 08.29 AM IST
Biden tells U.S. to have confidence in banks after collapseU.S. regulators closed the Silicon Valley Bank on Friday after it experienced a traditional bank run, where depositors rushed to withdraw t...
13 Mar, 2023, 07.08 PM IST
President Joe Biden to defend US banking system after SVB, Signature collapseBiden's economic team worked with regulators over the weekend on the measures, which included guaranteeing deposits in both banks, setting ...
13 Mar, 2023, 09.03 AM IST
Biden vows to hold those responsible for bank failures 'fully accountable'"I am firmly committed to holding those responsible for this mess fully accountable and to continuing our efforts to strengthen oversight a...
13 Mar, 2023, 07.11 AM IST
Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...
24 May, 2021, 11.57 AM IST
Spotlight on RBI: Why & how it needs to build P2P lending business in IndiaWhat the RBI needs to do is appoint monitors that are trusted by users, have clear laws about what's acceptable and what's not and lay down...
03 Oct, 2018, 03.46 PM IST
What will happen to your physical shares after December 5, 2018Market regulator Sebi will not allow shares to be bought or sold in physical format after 5 December.
03 Sep, 2018, 07.30 PM IST
PNB fraud: Time to take a big stick to these Clouseau bankers in IndiaJaitley may turn out to be reluctant for two reasons: One, govt doesn't want to cede control of public banks, and two, subtle law changes d...
15 Mar, 2018, 03.48 PM IST
Uday Kotak: Do we need so many PSU banks?"If I take a 5-10 year view, if you manage your risks and focus on doing the right things, it will work."
23 Feb, 2018, 08.24 AM IST
India’s financial destiny is at the crossroads: Uday KotakIn many ways, it reflects very poorly on how corporate India runs itself. It is a very poor reflection of the business ethics and values by...
23 Feb, 2018, 06.30 AM IST
How embracing digitisation can help you financiallyIn order to take good care of your savings and investments, it is imperative that you opt for the electronic medium and save all your docum...
25 Dec, 2017, 06.30 AM IST
Why the under-construction Chenab bridge in J&K matters for the strife-torn stateIn 2 years, the River Chenab will be crossed by a humungous steel bridge, being constructed with 24,370 tonnes of steel at a height of 359 ...
28 Aug, 2016, 02.46 AM IST
What the battle between Diageo & Vijay Mallya over United Spirits means for the companyA protracted boardroom battle looms and none of the parties are likely to emerge unscathed. Mallya said he was surprised by the allegations.
10 May, 2015, 09.26 AM IST