US-based First Republic Bank was closed on Monday (local time) by the local regulators and entered into an agreement with JP Morgan Chase Bank to purchase and assume all deposits and assets of the troubled bank in a bid to protect depositors.
"Operating profit has shown a growth of 16.27 per cent on a year-on-year basis to Rs 2,108 crore for the fourth quarter of FY23 (Q4FY23) as against Rs 1,813 crore for the fourth quarter in FY22 (Q4FY22)," the bank said in a statement shared with exchanges.
A bench consisting of justices V Ramasubramanian and Pankaj Mithal on Friday directed to release Anosh Ekka on bail observing he had already spent 5 years and 6 months in custody in connection with the Prevention of Money Laundering Act (PMLA) case and has completed the period of seven years
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 2.14 billion to USD 514.48 billion.
Enforcement Directorate (ED) provisionally attached assets to the tune of Rs 37.26 crore, belonging to Surinder Pal Singh alias Pehalwan, his family and entities under the provisions of the Prevention of Money-laundering Act (PMLA), 2002.
Enforcement Directorate (ED) attached movable and immovable properties of a Mumbai-based diamond trader worth Rs 4.09 crore in a money laundering case.
The Supreme Court on Friday declined to entertain former principal secretary Aman Kumar Singh and his wife's plea seeking transfer of a disproportionate assets case against them to CBI and remarked that these days politics are being brought to courtrooms under the garb of legal proceedings.
Mumbai (Maharashtra) [India], April 28 (ANI/PRNewswire): KoinX, a leading provider of tax calculation software, is excited to announce the integration of XDC Network. XDC Network is one of the fastest-growing blockchain ecosystems around the globe with its Ethereum scalable solutions and enc
"How is this petition maintainable? We can't do anything here. We can't pass orders. Who are you to move the petition under Article 32? Dismissed," the bench said.
As on date, the total assets under management (AUM) in APY is more than Rs 27,200 crore and the scheme has generated investment return of 8.69 per cent since inception of the scheme, according to a statement from the ministry of finance.
Batangas [Philippines], April 27 (ANI/PRNewswire): Leading LNG terminals and downstream infrastructure company, AG&P International Pte. Ltd. (AG&P) announced the arrival and successful berthing of its long-term chartered 137,500 cbm ISH Floating Storage Unit (FSU) at AG&P's Phili
Bengaluru (Karnataka) [India], April 25 (ANI/PRNewswire): Bitget, world's largest crypto copy trading platform has released the latest whitepaper of its native token BGB. The newly released document outlines the advantages BGB provides as a utility asset within the framework of the Bitget pl