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Federal Deposit Insurance Corporation

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India gets details of hundreds of Swiss bank accounts in 4th tranche

India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars......

Indian-origin techie charged with $10m COVID-19 relief fraud

An Indian-origin engineer in the United States has been charged with fraudulently seeking more than $10 million in loans under a coronavirus relief programme set up to help small businesses.  ......

Indian CEO arrested on visa fraud charges

Image only for representation. An Indian citizen, who was the chief executive officer of two information technology companies in the United States, has been arrested in connection with a......

Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

Modi and Obama set out to create a model for the world

Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in......

Will Dream Run For Banks Continue?

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   Earlier this month, a Business......

Lessons For Banks To Learn From SVB Collapse

The difference between what the banks play in the US and India is not that of soccer and football, but rugby and football.But when risks are mispriced, the fallout could be very similar, points out......

Will Financial Stress Break The Global Economy?

What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid......

The Banking Accidents Have Started

The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places, observes Neelkanth Mishra. IMAGE: An employee removes tape from the......

SVB crisis: Start-ups seek govt's help to bring money to India

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for......

Bollywood says NO to Australia

In response to the recent spate of violence againt Indian students in Australia, Bollywood filmmakers have decided not to shoot films in that country. The rising attacks on......

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