Earlier in the day, Supreme Court allowed a plea by the Centre seeking allocation of Rs 5,000 crore, out of Rs 24,000 crore deposited by the Sahara group with market regulator Sebi, to repay depositors of the cooperative societies.
New Delhi [India], March 29 (ANI/ATK): In today's unpredictable market, it is important to plan ahead for your financial goals and future. That's why investing in a fixed deposit (FD) can be a smart move for those looking to earn higher returns on their savings. Several NBFCs and banks offer
The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of recently failed US-based Silicon Valley Bridge Bank by First-Citizens Bank and Trust Company, Raleigh, North Carolina.
New Delhi [India], March 22 (ANI/NewsReach): Hailing Money9 as an out of box proposition, top industry leaders including Kotak AMC MD, Nilesh Shah, and Radhika Gupta, MD, Edelweiss AMC, endorse its call for bridging supply demand gap. Money9's new age offering - 'DataCoin' - first independen
Mumbai (Maharashtra) [India], March 21 (ANI/BusinessWire India): AU Small Finance Bank has announced a hike in the interest rates offered on Fixed Deposits. You can now earn up to 8.50% interest p.a. for senior citizens.
A Geological Survey of India's (GSI) field visit during 2018-19 in Adash block of Deogarh district in Odisha revealed the presence of gold as an associated metal, along with copper, Minister of Coal and Pralhad Joshi informed Rajya Sabha on Monday.
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea
Bank of Baroda on Friday announced it will increase interest rates on domestic retail term deposits -- including NRO and NRE term deposits, by 25 basis points on select tenors.
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
Pune (Maharashtra) [India], March 15 (ANI/BusinessWire India): Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited), a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company has launched the 'Kya se Wah' campaign. With this campaign, Poo
Listed mobile gaming company Nazara Technologies on Wednesday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc have been given unrestricted access to the entire amount of Rs 64 crore that was held at failed Silicon Valley Bank.
"Small businesses across the country that had accounts at Silicon Valley Bank and Signature Bank can breathe easier knowing they'll be able to pay their workers. It won't cost taxpayers a dime. This is paid for with the fees that banks pay into Deposit Insurance Fund," said Biden.