Search For "banking system"
Indian banking system less prone to SVB-like incidents: Ministry of Financ
Updated : 2 years, 10 months ago IST
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
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Analysis Of Ripple and Big Eyes Coin: XRP price prediction of USD 1 likely
Updated : 2 years, 10 months ago IST
New Delhi [India], April 19 (ANI/ATK): Cryptocurrencies have garnered significant attention in recent times, with numerous investors and traders seeking to capitalize on the market. One of the most favored cryptocurrencies is XRP, which has encountered a tumultuous period in the market as a
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Sitharaman reviews public sector banks amid volatility in US banking syste
Updated : 2 years, 11 months ago IST
This review meet comes amid volatility in the US banking system due to the recent collapse of Silicon Valley Bank and some other banks in contagion.
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Indian stock indices extend losses, fall marginally Friday
Updated : 2 years, 11 months ago IST
Largely, the fall is in line with weakness in the US markets, which are volatile as the US Federal Reserve further hiked interest rates to bring down inflation to its target even as volatility in the banking system continued due to the recent collapse of some banks.
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Indian stocks close in red on continued US Fed's interest rate hike
Updated : 2 years, 11 months ago IST
Indian stocks settled lower on Thursday in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target even as volatility in the banking system continued due to r
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Indian stocks decline on US central bank's continued interest rate hike
Updated : 2 years, 11 months ago IST
Indian stocks fell Thursday during the morning trade in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target-- even as volatility in the banking system
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Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT
Updated : 2 years, 11 months ago IST
As Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of just a week arose, India's International Financial Services Centres Authority (IFSCA) has constituted an expert committee to formulate a roadmap to onshore the Indian innovation to G
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Developments in US banking system drives home importance of prudent asset-
Updated : 2 years, 12 months ago IST
Reserve Bank of India governor Shaktikanta Das, referring to the Silicon Valley Bank shutdown and its aftereffects, has said the developments in the US banking system have brought to the fore the criticality of banking sector regulation and supervision.
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Startups should opt Indian banks as preferred partners: MoS Chandrasekhar
Updated : 2 years, 12 months ago IST
Emphasising that the Indian banking system is resilient and strong amid the Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of less than a week, Union minister Rajeev Chandrasekhar has said startups should opt Indian banks as their p
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First Republic secures USD 30-bn lifeline from largest US banks
Updated : 2 years, 12 months ago IST
The USD 30-billion infusion will give the struggling San Francisco lender much-needed cash to meet customer withdrawals and buttress confidence in the US banking system during a tumultuous moment for lenders, CNN Business said.
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"SVB failure puts a question mark on framework of American banking system
Updated : 2 years, 12 months ago IST
"It's a huge shock, but at the same time, a huge opportunity, I think, for Indian ecosystem, to have its own bank for the money which is being used by Indian startups to be in India," said Saket Dalmia, President, PHD Chambers and Commerce and Industry.
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Banking system remains resilient, solid: US Fed governer Michelle Bowman a
Updated : 2 years, 12 months ago IST
Last Friday, Silicon Valley Bank was collapsed while on Sunday, Signature Bank too had to be closed.
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