Banks (Finance)
In a shocking incident, a 44-year-old area manager of a private bank in Ichalkaranji, Abhinandan Kolhapure, was brutally murdered by a group of men early on Tuesday morning. According to police, Kolhapure had a confrontation with a bar waiter, Rohit Kolekar, at a bar on Monday night, which led to
Banks (Finance)
The Alternative Bank, a forward-thinking financial institution, has announced the launch of the Utiva Women in Tech Scholarship, a pioneering initiative designed to equip women entrepreneurs with the digital skills, innovation design, and business growth training needed to succeed in the emerging digital economy. The scholarship programme, set to begin
Banks (Finance)
The Reserve Bank of India has recently notified the Digital Lending Directions, a comprehensive regulatory framework aimed at balancing innovation with consumer protection and promoting digital lending. The Directions are applicable to all Commercial and Co-operative Banks, Non-Banking Financial Companies (NBFCs), and all Financial Institutions engaged in digital lending activities,
Banks (Finance)
According to a report by Nuvama Alternative & Quantitative Research, public sector bank stocks could be in for a strong run if the government raises the foreign investment cap to 49%. The brokerage estimates that six PSU banks together could draw $3.98 billion (Rs 33,200 crore) in passive
Milei, Javier
Argentine President Javier Milei has secured a stunning victory in midterm elections, with his radical free-market agenda receiving a clear endorsement from voters. The benchmark Merval index surged over 20% at the start of trading, and the peso appreciated by 9.5% against the dollar, as investors expressed confidence in
Bharti Airtel Ltd.
The Indian stock market witnessed a significant surge, with the Nifty 50 surpassing the 26,000 mark, driven by supportive global cues and broad-based buying. The market outperformance was led by key sectors such as metal, PSU Bank, oil & gas, and realty, which gained 1-2% each. Notably, the indices
Banks (Finance)
First Citizens Bank, a wholly owned banking subsidiary of First Citizens BancShares, has announced plans to develop a new office and branch space in the Boston area. The project, located at 26 Washington Street in Wellesley, Massachusetts, will increase the company's footprint in the region and provide a
Milei, Javier
Argentina's President Javier Milei, a close ally of U.S. President Donald Trump, is facing a major political test in Sunday's midterm elections. Milei's approval ratings have taken a hit due to a series of scandals, including the collapse of a memecoin and bribery
Private banking
Argentina's President Javier Milei has been a proponent of free-market reforms, but his administration has been hit by a series of controversies that have eroded his popularity. The country's midterm elections, scheduled for Sunday, have now become a major test of his policies and leadership. Milei&
Private banking
NatWest's quarterly profits have reached their highest level since the bank's 2007-9 bailout, surpassing analyst predictions and boosting revenue forecasts for the year. The bank's strong performance, driven by a 15.7% rise in total income to £4.3 billion, has led management to
Banks (Finance)
The global investor Blackstone is set to acquire a nearly 10% stake in Kerala-based Federal Bank, in a deal worth ₹6,200 crore. This move marks Blackstone's latest bet on India's financial sector, where it has made multiple investments over the years. The acquisition will see
Diwali
Diwali, which marks the beginning of a new Samvat year, typically brings a wave of optimism in the Indian stock market. However, this year's Samvat 2081 has been lukewarm, with major indices returning modestly. The Sensex rose by 5.8%, while the Nifty50 gained 6.3%, a significant
