Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
Chennai (Tamil Nadu) [India], January 11 (ANI/PRNewswire): Clayfin Technologies, a leading provider of Digital Customer Experience solutions for Banks and Financial institutions, and Bandhan Bank, one of India's fastest-growing banks, have been awarded 'Best Digital Channel/Platform Implemen
Bangalore (Karnataka) [India], January 11 (ANI/PRNewswire): Vymo, the Gartner-recognized sales engagement platform of choice for financial service institutions, has released a new report on how banks & insurance companies empower their workforces with insights & data to solve complex
The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
This time, not only will the visitors travelling for the most-awaited FIH Odisha Hockey Men's World Cup 2023 Bhubaneswar-Rourkela be treated to sand sculpture at the airport, but one can also witness the world's largest hockey sculpture erected on the banks of the Mahanadi river at Cuttac
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, RBI said.
Former ICICI CEO Chanda Kochhar was on Tuesday released from Byculla Prison in connection with an alleged money laundering case, while her husband Deepak Kochhar was released from Arthur Road Jail.
The Reserve Bank of India (RBl) has imposed a monetary penalty on five cooperative banks for some contravention or for non-compliance with varied central bank directions.
The Model Cooperative Village programme is being implemented in Gujarat on a pilot project basis and its implementation across the country will be considered, Shah said.