Federal Bank

Private sector lender Federal Bank led by MD & CEO Shyam Srinivasan has picked investment banks Kotak Mahindra Capital, Axis Capital, BofA Securities and JP Morgan as advisors as the firm gears up for a big-bang fund raising exercise in…

MUMBAI: Indian residents will likely need to provide proof of exposure to foreign exchange risks to take advantage of the Reserve Bank of India's opening up of the non-deliverable forward market (NDF), bankers said.The Reserve Bank of…

Safe Security, earlier called Lucideus, on Tuesday said it has raised $50 million in a funding round dubbed Series B and led by Sorenson Capital, a Utah-based venture capital fund.Returning investors in this round include Fidelity…

The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.The quarter-point increase, which was in…

MUMBAI: Reserve Bank governor Shaktikanta Dason Friday cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability and hinted that the ongoing crisis in the US banking system seems…

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Flipkart, is offering substantial discounts on the Apple iPhone 13., The Smartphone's basic version with 128GB internal storage is featured for a reduced price of Rs. 64,999, on Flipkart’s website. This translates into a a 7% savings on the…

NEW DELHI: The rise in the cost of living in India is lower when compared with the likes of UK and Germany, according to SBI Research Ecowrap. The report said there has been a manifold jump in the cost of living across countries, with food…

New Delhi, The Enforcement Directorate (ED) said on Friday that it carried out a search operation on Binance crypto exchange, which led to the freezing of 150.22 Bitcoins equivalent to $24,86,693.73 (Rs 22.82 crore) with regard to its…

MUMBAI: Fderal Bankhas cornered 21% of the inward remittance market, which has been consistently over $80 billion for several years, and sees this as one of the core strengths that will enable it to grow its deposits. The bank is also…