Financial majors slash China's GDP outlook

Aug 22, 2022

Beijing [China], August 22 : Two of the world's biggest investment banks Goldman Sachs and Nomura have cut China's economic growth forecast, media reports...

MoS Pankaj Chaudhary says increased funds of Indians in Swiss Banks do not indicate alleged black money

Jul 20, 2021

New Delhi [India], July 20 : Minister of State For Finance Pankaj Chaudhary on Tuesday dismissed media reports on the increase of Indian funds...

Banks closed, ATMs shut down in Myanmar following military coup

Feb 01, 2021

Naypyitaw [Myanmar], February 1 : Following the military coup banks in Myanmar have been temporarily shut down due to major disruptions of internet services,...

RBI directs banks to restrict capital market exposure

May 03, 2024

The RBI's move comes in response to changes in the settlement cycle introduced by stock exchanges, shifting from T+2 to T+1 rolling settlement for...

China National Bank's exposure to China fell below one trillion yuan; ratio of its net worth fell to new low of 22.7 per cent

Feb 01, 2024

The Financial Supervisory Commission announced today that in 2023 At the end of December, the total exposure of domestic banks to China fell below...

Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind-Ra

Aug 13, 2020

Mumbai (Maharashtra) [India], Aug 13 : Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's...