
Interest rate swaps or overnight indexed swaps are derivatives that allow investors to hedge the interest rate risk of their…
The Securities and Exchange Board of India (Sebi) on Wednesday brought out regulations on the issue and listing of debt…
Average ownership falls 0.7 percentage points during the quarter as stressed loans problems persist and credit growth pick-up remains weak
Almost 95 per cent of corporates in the country have lowest visibility of their cash position due to dominance of…
South-based lender Lakshmi Vilas Bank today cut deposit rates in two buckets by up to 0.30 per cent.
The US dollar rose on Wednesday after Federal Reserve Chair Janet Yellen reinforced market expectations for a U.S. interest rate…
More than half of around 12,000 freedom fighters drawing pensions from SBI have snapped their ties with the bank and…
Bank of America Corp (BofA), the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four…
Bank of America Corporation today reported net income of $5.3 billion, or $0.45 per diluted share, for the second quarter…
Parents know when they decide to pay for their kids’ university education that they’ll end up paying debt for eight…
The Indian rupee ended marginally lower by two paise at 63.41 against the US dollar on fag-end demand for the…
Over the past few years, the EPFO has been working to improve its claim settlement period trying to bring it…
China’s yuan was flat on Wednesday as dollar supply and demand were roughly in balance, offsetting a slightly stronger midpoint…
The US dollar steadied against the euro and yen on Wednesday as it awaited fresh cues from a U.S. Congressional…
Philosopher Peter Singer, famous for his pioneering work on animal welfare, now focuses on philanthropy, urging people to use the…
The Australian dollar picked up a slight bid on Wednesday after a slew of data out of China beat expectations,…
HSBC should have made deeper checks before buying a Swiss private bank that allegedly allowed customers to dodge taxes and…
In a deal being midwifed by a consortium of bankers led by IDBI Bank, Karnataka Power Corporation (KPCL) is close…