Banking

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

Will banks become obsolete?

Fintechs have made deep inroads into banking and financial services. There is a feeling that over the next few decades it would make traditional...

Staff-less banks and tech savvy customers…

Indian banking landscape has evolved over the years. Last few decades have brought in unprecedented developments, in the way a customer conducts financial transactions....

HDFC Bank – Birth of a financial services conglomerate

HDFC, the largest Housing Finance institution, (started as a specialised mortgage company in 1977), fostered and nurtured and now handed over to HDFC Bank,...

Can a SVB type bank failure happen in India?

After the 2008 global financial crisis, bank failures have become common. Since then, central banks have swung into action to strengthen the regulatory mechanism...

FTX bites the dust, but it isn’t curtains yet for crypto

The cryptocurrency did not fail the business but lack of regulation and transparency of investor’s money did. The latest to fall in the crypto world...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

Mergers Maze

IN 2019 THE NDA II government seemed well set to take up major reforms of the banking sector. The merger of ten public sector...

PAT FOR REPAT

R S Isabella is Managing Director of Repco Bank and Repco Micro Finance Ltd and a Director in Repco Home Finance Ltd. This socially...

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...