Finance

RBI To Hold Briefing Amid Flurry Of Asia Rate Cuts

Reserve Bank of India Governor Shaktikanta Das will hold a press conference Monday, hours after the Federal Reserve slas... Read more

Investments In Yes Bank Aimed At Maintaining Financial Stability In System, Not RoI: SBI

State Bank of India Chairman Rajnish Kumar on Monday said investments by banks in crippled Yes Bank are being made to ma... Read more

Drip Capital Bullish On Export Factoring Prospects In India

Bill discounting platform is focussed on SME exporters Read more

S&P: Yes Bank Event Underlines Difference Between PSBs And Private Banks On AT1 Bonds

Global rating agency Standard and Poor’s has noted that the Yes Bank event has shaken Indian hybrid markets and has un... Read more

Cryptocurrencies See Robust Interest, But Many Banks Yet To Start Processing Transactions

Less than a fortnight after the Supreme Court lifted the ban on trading in cryptocurrencies, players in the sector are s... Read more

How To Measure The Safety Of Your Bank?

Federal, South Indian banks dismiss Mcap-based ‘findings’; other banks, SFBs say they are heathy on CRAR; business ... Read more

Yes Bank Crisis: ED Summons Anil Ambani

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani in connection with its money laundering pro... Read more

US Federal Reserve Cuts Key Interest Rate To 0-0.25 Per Cent Amid Coronavirus Crisis

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal... Read more

Investors Total AT-1 Bond Exposure To Indian Banks At ₹93,000 Crore: ICRA

Investors have total bets of over ₹93,000 crore on the additional tier-I bonds in Indian banks and a complete write-do... Read more

Mutual Funds Continue To Side-pocket Exposures To Yes Bank Bonds

Two more mutual fund houses, Franklin Templeton MF and Baroda MF, have decided to side-pocket their exposures to Yes Ban... Read more

No Material Impact Of YES Bank Crisis On Shriram Transport Finance: S&P

S&P Global Ratings on Monday said Shriram Transport Finance Company (STFC) will not be materially affected by the tr... Read more

How Bajaj Allianz Life Is Reorienting Customer Service With Digital Focus

Life insurer sees WhatsApp as key services channel Read more

Northern Arc Investments Raises$23 Million From Global Investors

Our BureauNorthern Arc Investments, a wholly-owned subsidiary and the fund-management vertical of Northern Arc Capital, ... Read more

Write-down Of YES Bank AT-1 Bonds Will Adversely Impact Future Issuances: ICRA

 Investor appetite for future issuances of Additional Tier-I (AT-1) bonds make take a hit following the proposed write-... Read more

Yes Bank Scam: CBI Books Rana Kapoor And Kin

Links them to Yes Bank-DHFL ₹ 1,350 crore fund diversion; charges Kapoors and Wadhawans with corruption, cheating, bri... Read more