IMF urges El Salvador to ditch Bitcoin as legal tender citing concerns of risks

Jan 26, 2022

Washington [US], January 26 : The International Monetary Fund on Tuesday urged El Salvador to remove Bitcoin as a legal lender citing concerns over...

"Do not rush to banks:" RBI governor says Rs 2000 notes will continue to be legal lender

May 22, 2023

The Governor said this Rs 2000 note was primarily issued to replenish money, taken out from the system during the demonetisation of Rs 500...

Mortgage lender HDFC and HDFC Bank to merge

Apr 04, 2022

Mumbai (Maharashtra) [India], April 4 : India's largest private sector lender HDFC Bank will merge with mortgage lender Housing Development Finance Corporation (HDFC), the...

3 arrested for killing money lender in Telangana

Jan 11, 2021

Rangareddy (Telangana) [India], January 12 : Three men were arrested on Monday for allegedly killing a money lender in Telangana's Rangareddy district to get...

India overtakes China to become largest lender of Sri Lanka

Sep 18, 2022

Colombo [Sri Lanka], September 18 : With a total of USD 968 million in loans in four months of 2022, India has emerged as...

US lender Silicon Valley Bank fails after run on deposits

Mar 11, 2023

The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.