Finance minister Nirmala Sitharaman on Friday reviewed the preparedness of public sector banks (PSBs) for implementing Rs 20,97,053 crore Aatmanirbhar Bharat economic stimulus package announced between March 26 and May 17.
Radován Jelasity, the chairman-CEO of Erste Bank Hungary, was elected chairman of the Hungarian Banking Association on Friday.
The special Prevention of Money Laundering Act (PMLA) court on Friday extended the custody of Dewan Housing Finance Limited (DHFL) promoters Dheeraj Wadhawan and Kapil Wadhawan to Enforcement Directorate (ED) till May 27 in connection with a money laundering case linked to YES Bank.
Argentina is facing another sovereign-debt default on Friday as Latin America’s third-biggest economy grapples with a deep recession and a hard-currency squeeze exacerbated by the coronavirus pandemic.
Rishi Sunak faces one of the toughest decisions of his four months as Britain’s Chancellor of the Exchequer, with the livelihoods of millions dependent on his next move.
Brazil should steer clear of quantitative easing or cutting interest rates toward zero, a central bank director said on Friday, warning that both risked distorting markets, weakening the currency and increasing financial instability.
More than 200 stocks are likely to move into or out of the key benchmarks in late June. There are proven ways to profit from the shifts.
The Monzo board member says Blomfield’s switch to president will give him time to focus on what he’s best at
…The European Central Bank has intensified investors’ expectations that it will expand its €750bn pandemic stimulus programme of bond purchases next month, after revealing on Friday that its top…
Policymakers at the European Central Bank (ECB) agreed at the April policy meeting that a swift V-shaped recovery could probably be ruled out, and were fully prepared to boost pandemic response if new information before the June meeting shows the current stimulus is not enough.