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Bank gross NPAs to rise to 8-9%, stressed assets to touch...

Mumbai, Oct. Oct 19 | Gross non-performing assets (NPAs) of banks will rise to 8-9 per cent this fiscal, well below the peak of...

Aus central bank deems climate change ‘first order risk’ to economy

Canberra, Oct 14 | Reserve Bank of Australia's (RBA) Deputy Governor Guy Debelle on Thursday outlined the risks climate change and the green...

SL central bank to keep policy rates steady

Colombo, Oct 14 | The Central Bank of Sri Lanka (CBSL) announced on Thursday that it would keep policy rates at their current levels...

Cong to work on Lingayat vote bank in K’taka

Bengaluru, Oct 8 | The Congress high command is considering wooing the Lingayat vote bank, which is presently supporting the BJP in Karnataka by...

South Asia’s recovery continues amid uncertainties due to Covid: World Bank

Dhaka, Oct 7 | South Asia's recovery continues as global demand rebounded and targeted containment measures helped minimize the economic impacts of the recent...

World Bank approves $500mn loan for SL to provide safe roads

Colombo, Oct 2 | The World Bank has approved a $500 million loan for Sri Lanka to provide safe, climate-resilient roads to connect agricultural...

Three arrested for fraud in Telugu Academy’s bank deposits

Telugu Hyderabad, Oct 1 | Hyderabad police on Friday arrested three persons for allegedly committing a fraud by withdrawing the Telugu Akademi's funds by...

AlphaSense Raises $180 Million Series C Led by Viking Global and...

Co-founded by India-born Raj Neervannan Infusion of funds signals expansion of business in India Innovation hubs in Pune and Mumbai seeking to hire local...

TN to set up Water Regulator as part of World bank...

Chennai, Sep 30 | The Tamil Nadu government is in the process of setting up a Water Regulatory Authority (WRA), and contemplating a Water...

Indian Overseas Bank taken out of RBI’s PCA framework

Mumbai, Sep 29 | The Reserve Bank of India has taken the Indian Overseas Bank out of prompt corrective action framework (PCAF).The bank was...

This community-led bank in UP helps villagers keep moneylenders at bay

Bahraich (Uttar Pradesh), Sep 29 (101Reporters/IANS) In the foothills of the Himalayas, surrounded by the dense Katarniya Ghat forest, lies the small village...

Now daily wager in Bihar gets Rs 9.99 Cr in his...

Patna, Sep 24 | After a series of cases where poor villagers have received crores of rupees in their bank accounts, a daily wager...

World Bank agrees to give $100mn to SL for Covid battle

Colombo, Sep 23 | The World Bank has agreed to give a $100 million loan to support Sri Lanka's efforts to curb the spread...

Afghan central bank allows merchants to withdraw $25,000 monthly

Kabul, Sep 21 | Afghanistan's central bank, Da Afghanistan Bank (DAB), has allowed merchants and owners of private companies to withdraw $25,000 from their...

Taliban hands over seized cash, gold to Afghan central bank

Kabul, Sep 16 | The Taliban has handed over about $12.3 million cash and some gold to Da Afghanistan Bank (DAB), the country's central...

4 CPI-M members of controversial Coop Bank arrested in Kerala

Thiruvananthapuram, Sep 13 | The Kerala police team probing the massive fraud that surfaced in July at the local CPI-M controlled Trissur Karavanoor Cooperative...

100 Palestinian protesters injured in West Bank clashes

Ramallah, Sep 9 | At least 100 Palestinian protesters were injured in clashes with Israeli soldiers near the northern West Bank city of Nablus,...

Kerala BJP to lodge complaint against Coop Bank fiasco

Thiruvananthapuram, Sep 8 | The Kerala BJP has smelled a rat as the traditional political rivals -- the ruling Left and the Congress-led UDF...

MAS Financial Services announces co-lending partnership with Bank of India for...

AHMEDABAD, India, Sept. 8, 2021 /PRNewswire/ -- MAS Financial Services Limited (MAS Financial) (BSE: 540749) (NSE: MASFIN), specialized in MSME financing, has entered into a strategic...

Aus central bank warns of delay to economic recovery

Canberra, Sep 7 | Reserve Bank of Australia (RBA) Governor Philip Lowe on Tuesday said the severe Delta outbreak and subsequent prolonged Covid-19 lockdowns...

Karvy Stock Broking CEO, CFO arrested in bank loan default case

Hyderabad, Sep 2 | Karvy Stock Broking Private Ltd (KSBL) Chief Executive Officer Rajiv Ranjan Singh and Chief Financial Officer G. Hari Krishna were...

=RBI imposes Rs 25 lakh fine on Axis Bank for violation...

Mumbai, Sep 1 | The Reserve Bank of India (RBI) has imposed a penalty of Rs 25 lakh on Axis Bank for violation/non-compliance of...

Dozens of Palestinian protesters injured in West Bank clashes

Ramallah, Aug 28 | Dozens of Palestinian protesters were injured in clashes with Israeli soldiers in several West Bank cities and villages, medics said.The...

SEBI orders release of Rana Kapoor’s bank, demat accounts

Mumbai, Aug 25 | Capital market regulator SEBI on Wednesday ordered the releasing of bank accounts, lockers, demat accounts, and mutual fund folios of...

AGR dues: SC restrains DoT from encashing Airtel’s bank guarantees for...

New Delhi, Aug 24 | The Supreme Court on Tuesday asked Department of Telecommunication (DoT) not to invoke bank guarantee given by Bharti Airtel...

Australian central bank ready for Covid economic fallout

Canberra, Aug 17 | The Reserve Bank of Australia (RBA) on Tuesday said it would be "prepared to act" if the country's current Covid-driven...

HDFC Bank to raise funds by issuing AT-1 bonds in international...

Mumbai, Aug 16 | HDFC Bank will raise funds by issuing Additional Tier-1 bonds in the international markets.In July, the Board of Directors of...

Israeli settlers re-establish settlement outpost in West Bank

Ramallah, Aug 16 | Israeli settlers have re-established a settlement outpost in the West Bank city of Hebron, after it was abandoned for two...

CA arrested in Rs 3,269 cr Shakti Bhog bank fraud case

New Delhi, Aug 14 | The Enforcement Directorate (ED) on Saturday said that it has arrested Raman Bhuraria, a chartered accountant, in the Rs...

CBI searches 9 locations in UP in Rs 6,833 cr bank...

New Delhi, Aug 7 | The Central Bureau of Investigation (CBI) on Saturday carried out searches at nine locations in Uttar Pradesh in connection...

EU diplomats visit West Bank village

Ramallah, Aug 6 | A group of diplomats from European countries paid a visit to the West Bank village Beita as conflicts and violence...

ED arrests VMCSL MD Hima Bindu in bank fraud case

New Delhi, Aug 5 | The Enforcement Directorate (ED) has arrested telecom equipment manufacturer VMC Systems Ltd's Managing Director Vuppalapati Hima Bindu in a...

CBI arrests 3 from Maharashtra in UP bank fraud case

New Delhi, Aug 5 | The Central Bureau of Investigation has arrested three absconding accused in a bank fraud case in Lucknow from Maharashtra.A...

Maha: Debit-hit Axis Bank manager loots ICICI Bank, kills woman officer...

By Quaid NajmiPalghar (Maharashtra), July 30 | Taking a page out of a crime thriller, a debt-ridden Axis Bank Branch Manager allegedly committed an...

To clear debts, Axis Bank manager loots ICICI branch, kills officer

Palghar (Maharashtra), July 30 | In a shocking incident, an Axis Bank Branch Manager allegedly committed an unsuccessful heist on the ICICI Bank...

Palestine condemns ‘Israeli killing of 2 Palestinians in West Bank’

Ramallah, July 30 | Palestine has condemned the killing of two people, including a child, by Israeli soldiers in the West Bank, the Ministry...

ED attaches assets worth Rs 4.9 cr in Syndicate Bank fraud...

New Delhi, July 28 | The Enforcement Directorate (ED) on Wednesday said that it has attached the properties worth Rs 4.98 crore of Vijay...

CBI searches 3 places in Andhra, Telangana in bank fraud case

New Delhi, July 26 | The Central Bureau of Investigation (CBI) on Monday said that it has carried out searches at three locations in...

Islamic Development Bank elects Saudi nominee as new Prez

Jeddah, July 19 | The Islamic Development Bank (IsDB) said that Saudi Arabia's nominee Muhammed Sulaiman Al Jasser has been elected as its new...

HDFC Bank Q1FY22 YoY net profit up 16.1%

Mumbai, July 17 | HDFC Bank on Saturday reported a year-on-year rise of 16.1 per cent in its net profit for Q1FY22.Accordingly, the bank's...

Legitimately undecided on central bank digital currency: US Fed

Washington, July 16 | US Federal Reserve Chair Jerome Powell said that he was "legitimately undecided" on the benefits and costs of issuing a...

Hyderabad bank employee injured as security guard opens fire

Hyderabad, July 14 | An employee at a State Bank of India branch here was injured when a security guard opened fire during a...

Sensex in red after choppy start; HDFC Bank, RIL fall

Mumbai, July 8 | The key Indian equity indices traded in the negative territory on Thursday morning after a choppy start to the session,...

Ukraine receives $350mn loan from World Bank

Kiev, July 3 | Ukraine's Ministry of Finance confirmed that Ukraine has received a $350-million loan from the World Bank, Interfax-Ukraine news agency reported...

Meghalaya woman hides inside bank for 3 nights, held for robbery...

Shillong, June 30 | In a bizarre incident, the Meghalaya police have arrested a 40-year-old woman on charges of attempting to rob a local...

RBI extends restrictions on PMC Bank till Dec 31

Mumbai, June 25 | The Reserve Bank of India (RBI) has extended the timeline for restrictions on Punjab and Maharashtra Cooperative (PMC) Bank till...

RBI extends restrictions on Punjab-based Hindu Co-operative Bank

Mumbai, June 25 | The Reserve Bank of India (RBI) has extended the restrictions on Hindu Co-operative Bank Limited, based out of Pathankot, Punjab,...

World Bank approves $ 125 mn support program to Kerala

Thiruvananthapuram, June 25 | The World Bank Board of Executive Directors approved a $125 million program to support Kerala's preparedness against natural disasters, climate...

Bank of England maintains interest rate despite rising inflation

London, June 25 | The Bank of England (BoE) has announced an unchanged interest rate at 0.1 per cent, despite prediction of inflation being...

Business

JIBS awarded prestigious global engagement seed grant by IBRO

New Delhi, Oct 19 | In a significant academic development, Jindal Institute of Behavioural Sciences (JIBS) has been awarded the Global Engagement Seed Grant...