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Reuters
April 17, 2021
Credit Suisse's asset management unit last month was forced to shut $10 billion of supply chain finance funds that invested in bonds issued by Greensill after the British firm lost credit insurance coverage shortly before filing for insolvency


BusinessToday.In
April 16, 2021
Citigroup plans to focus on its non-US consumer banking operations in UAE, Singapore, London and Hong Kong as these places have a great concentration of wealth.


Srinath Sridharan | Shashidhar KJ
April 16, 2021
With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure


BusinessToday.In
April 16, 2021
SBI Cards and Payment Services share zoomed to an intraday high of Rs 974.75, rising 7.61% against previous close. Market cap of the firm rose to Rs 91,550 crore on BSE


Anand Adhikari
April 15, 2021
Citi has announced today its intention to exit from its consumer franchises in thirteen markets across the two regions which include India. This means  the oldest foreign banking entity will be exiting its consumer financing operations in the near future


BusinessToday.In
April 15, 2021
Announcing its first-quarter results, Citigroup said it was closing retail banking operations in 13 countries across Asia, and parts of Europe to concentrate more on wealth management outside the US


Reuters
April 15, 2021
While the reading will be heavily skewed by the plunge in activity a year earlier, the expected jump would be the strongest since at least 1992, when official quarterly records started, according to the median forecasts of 47 economists polled by Reuters


Anand Adhikari
April 15, 2021
The second Covid wave is also expected to upset the RBI's inflation calculation as local lockdowns impact supply chain and logistics


Ajita Shashidhar
April 14, 2021
Hyderabad-headquartered Hesa, which started as a rural marketing and event management company in 2012, in the last one year has pivoted into becoming a last mile digital rural marketplace


Sarthak Dogra
Noida, April 14, 2021
OnePlus has put up the latest additions to its smartphone lineup - OnePlus 9R and OnePlus 9 for sale in India. Available through the Amazon and OnePlus website, the devices come with several offers for buyers.


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


BusinessToday.In
April 13, 2021
Saying that the second wave presents a risk to India's growth forecast, Moody's said the Indian economy is still likely to grow in double-digits in 2021.


BusinessToday.In
April 13, 2021
Consequently, the extant operational instructions issued by the RBI under the scheme shall continue to remain in force up to June 30, 2021, the banking regulator said in a statement


PTI
April 12, 2021
Deposits rose 11.4 per cent to Rs 151.13 lakh crore in the financial year ended March 31, 2021, data released by the Reserve Bank of India (RBI) showed


Reuters
April 12, 2021
The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion antitrust penalty as China tightens controls on the \"platform economy\"


India Today Tech
New Delhi, April 12, 2021
Mi 10T is powered by Qualcomm Snapdragon 865 processor and comes with a 144Hz display.


PTI
April 10, 2021
The International Monetary Fund Deputy Chief Economist, Petya Koeva Brooks, in an interview to PTI on Friday also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy


PTI
April 8, 2021
There's the good news that there is faster global growth driven primarily by the US, China, and India, having strong rebounds, World Bank president David Malpass


Niti Kiran
April 7, 2021
RBI has stated that accommodative stance will prevail as long as necessary to sustain growth on a durable basis and continue to mitigate COVID-19 disruptions, while keeping inflation under check


Avneet Kaur
April 7, 2021
The RBI will purchase government securities worth Rs 1 lakh crore under GSAP 1.0 in Q1FY22. It had purchased bonds worth around Rs 3.13 lakh crore from the secondary market in FY21.


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