The sessions court rejected the anticipatory bail plea of a 63-year-old retired bank manager who was arrested for ‘casually’ sanctioning a loan worth ₹2.50 crores to property without proper verification of a company.
The European Banking Authority (EBA) may need to look again soon at reintroducing guidelines for blanket loan payment breaks if the economy deteriorates rapidly amid a second wave of Covid-19.
World champion sprinter Christian Coleman is set to miss next year’s Tokyo Olympics after being banned from athletics for two years for anti-doping violations, the Athletics Integrity Unit (AIU) announced on Tuesday.
The coronavirus pandemic prompted banks to completely revise formats of their operations and revenues of credit institutions declined significantly, Chief Executive Officer of Post Bank Dmitry Rudenko told TASS.
The world’s biggest exchange-traded fund is losing cash at a faster pace than any of its peers as investors seek lower fees amid a wave of cost cutting.
The economy is in much better shape now than it was in April. But most of the gains occurred in May and June, with most data indicating that growth has slowed in the past few months.
After a mixed trading day on the bourse, the banks index dropped to a new all-time low on Tuesday on concerns about Piraeus Bank, dragging with it the blue chip index and the benchmark, although smaller stocks rebounded after Monday’s drop with winners outnumbering losers by the smallest of margins.
Six Mexican soldiers have been arrested over the death of a woman during protests over a decades-old water-sharing treaty with the United States, the authorities said Tuesday.
Global stocks were sluggish on Tuesday, as traders balance concerns over a wave of coronavirus cases in the U.S. and Western Europe with strong corporate earnings.
A glitch in the European Central Bank’s system for settling large-value payments by commercial and central banks has resulted in a drop in deposits worth more than 400 billion euros ($473 billions).