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Finance

At record 795 tonnes, RBI's gold reserves see sharp on-year spike

Share of foreign currency assets in overseas securities rises to 81% by March Source link

FSDC discusses need for more early warning indicators for economy

Amid the continuing liquidity crisis in banks of the West, the Financial Stability and Development Council (FSDC) on Monday discussed the need for...

Bain Capital seeks to raise $4 bn for new global special situations fund

By Kane Wu and Anirban Sen Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S....

More SVB-like crises to come, says Aswath Damodaran on US banking sector

SVB Crisis: What led to the collapse of start-ups' favourite bank?SVB crisis: How the ripples of the bank's plunge reached foreign shoresSVB crisis:...

Canara Bank Q4 profit up 90.6% at Rs 3,175 cr, robust NII boosts growth

Canara Bank’s net profit rose 90.6 per cent year-on-year (YoY) at Rs 3,175 crore for the quarter ended March 2023 (Q4 FY23) on...

FM Sitharaman to review state of economy at FSDC meeting on Monday

Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability...

Rupee appreciates by 8 paise to 81.70 against US dollar in early trade

The rupee gained 8 paise to 81.70 against the US dollar in early trade on Monday tracking the weakness of the American currency...

India’s financial inclusion journey can be example for other countries: UN

India is at the vanguard of the digital revolution and its financial inclusion journey can be an example for other developing countries to...

RBI sounds note of caution on OPS, says it may add to liabilities in future

Even as several non-BJP ruled states like Rajasthan, Chhattisgarh, Himachal Pradesh, Punjab and Jharkhand have started implementing the old pension scheme, the Reserve...

Here’s how banks are coping with surge in cyber attacks, phishing, online banking fraud

With a surge in online frauds, large banks are working extra hard to raise awareness among customers as well as their own employees,...

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