The recent run on the US-based Silicon Valley Bank (SVB) and the subsequent seizure of its assets by the regulators may have sparked a global wave of risk aversion, particularly for start-ups.......
Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of......
The Indian financial system’s asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their......
In its EoI document, the bank had said it was open to converting into a small finance bank. The Reserve Bank of India (RBI) on Friday extended restrictions on Punjab and Maharashtra Cooperative......
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its......