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Finance

FSDC pitches for a special drive to settle unclaimed deposits in banks

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High-powered Financial Stability and Development Council (FSDC) headed by Finance Minister Nirmala Sitharaman on Monday asked the regulators to initiate a special drive...
Finance

Banking system sheltered from wider sector turmoil seen globally: FSDC

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NEW DELHI (Reuters) - India's Financial Stability and Development Council (FSDC) considers the country's banking system to be protected from any spillover from...
Finance

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

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

FSDC discusses need for more early warning indicators for economy

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

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

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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....
Finance

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

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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:...
Finance

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

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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...
Finance

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

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

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

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

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

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