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High Court appoints special officer for debit-frozen TMC bank accounts for Mamata-led group's daily expensesThe Calcutta High Court appointed a special officer to manage TMC bank accounts. These accounts were frozen following a complaint alleging ...
RBI intervention, oil price dip help rupee edge modestly higherThe Indian rupee closed stronger on Thursday, supported by central bank intervention. Lower oil prices also helped soothe Indian equities a...
SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profitSBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management...
Private banks may lead PSU peers in Q1 PAT show amid macro pressuresPrivate banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits ...
Suits & Sayings: Silence PaysET’s roundup of the wackiest whispers in corporate corridors
Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated t...
US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakersU.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semicond...
Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shortsOn Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity...
ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
Deposits win for private banks, loans trophy for PSBs: Q1 throws up opposing trends; private growth seen as healthierPrivate banks saw stronger deposit growth than public sector lenders in the June quarter. Public sector banks, however, achieved faster cre...
Rupee hits three-week low at 95.39 vs USD as firmer dollar, NDF maturities pinchThe Indian rupee touched a three-week low against the dollar on Monday, influenced by a stronger greenback and demand for foreign currency....
Is enforcement of banking regulations ownership neutral?Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...
Is today a holiday? Are banks, mail, USPS, FedEx, Stock Markets open on July 3, Friday?Are Banks open today: Americans are curious to know whether banks, mail, USPS, FedEx, Stock Markets are open or closed on Friday, July 3.
Calcutta HC asks private bank to disclose corpus in TMC bank accountsThe Calcutta High Court has ordered a private bank to reveal the funds in the Trinamool Congress's frozen accounts. The court is examining ...
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick upThe Indian rupee reversed early gains on Thursday, succumbing to dollar demand from arbitrage trades as central bank intervention eased. Af...
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
Rupee bounces from day's low on RBI supportThe Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks in...