Browsing Tag
financial institutions
Development banks can boost lending by $200 bln: World leaders at Paris summit
Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and taking on more risk, world leaders meeting at a summit in Paris said on…
Explained | Why are financial regulators transitioning from LIBOR?
The story so far: On May 12, the RBI stated that some banks and financial institutions were yet to facilitate an absolute transition away from the London Interbank Offered Rate (LIBOR) benchmark. They had not inserted fallback clauses into…
Who Should You Name The Nominee In Investments?
You can nominate your parents as the successor of your wealth. Failure to confirm the nominees in any investment or saving scheme can create a lot of trouble for our loved ones. But who should you make your nominee?Whenever you fill out a…
Credit Suisse to borrow $54 billion from Swiss central bank
Swiss bank Credit Suisse said on March 16 it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the…
Will You Get Your Money if an Indian Bank Collapses?
Some companies in India may have suffered due to the fall of Silicon Valley Bank.An insurance programme provides up to Rs 5,00,000 per bank to a depositor in the event of bank failure.The fall of two major US banks, the Silicon Valley Bank…
Banks, financial institutions should safeguard security against cyber threats: RBI
In view of the cybersecurity risk posed to the banking sector, Reserve Bank of India executive director Rohit Jain on Monday asked banks and financial institutions to adequately resource the banking security structure. He also underlined…
Exposure of banks, financial institutions to Adani Group well within limit: Finance minister…
NEW DELHI: The Centre on Friday moved to soothe sentiments of investors, with finance minister Nirmala Sitharaman saying the exposure of banks and financial institutionsto the Adani Group was well within permissible limits. She added that…
Cost-cutting plans by large US banks may hit Indian IT
Indications of spending cuts and increased credit loss provisioning by large US-based lenders and financial institutions may have a spill over effect on Indian IT companies that are already wary of a possible US recession, analysts said.…