Splco emerging trend in bilingual online media
Citigroup on Thursday exploded bomb in financial market after it said that it was exiting its retail business in India and 12 other countries across Asia and parts of Europe, to focus on wealth management business, as it lacked the scale to compete in the retail space. The decision to exit retail businesses from Read More…
India’s retail inflation surged to a three-month high of 5.03 per cent in February, as against 4.06 per cent in the previous month, as petrol and diesel prices rose sharply. While the consumer price index-based fuel and light inflation rate stood at 3.53 per cent in the month compared to 3.82 per cent in January. Read More…
The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, will go on a two-day strike on March 15 and 16, 2021, to protest against the proposed privatisation state-owned banks. As a result Industry sources confirmed Banks are scheduled to be closed on March 13, 2021 (second Saturday) and March 14, Read More…
TRAI suspends norms for commercial text messages for one week This comes after following disruptions in SMS and OTP deliveries for banking, payment, and other transactions Telecom regulator TRAI on Tuesday suspended the newly-implemented norms for commercial text messages for one week, following disruptions in SMS and OTP deliveries for banking, payment, and other transactions. Read More…
The world’s most popular cryptocurrency rose to a record $57,553, taking its weekly gain to around 20%. It has surged nearly 100% this year. Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday. Bitcoin’s gains have been fueled by evidence it Read More…
The Reserve Bank of India on Friday gave retail investors direct access to the government securities markets a move termed by Governor Shaktikanta Das as a “major structural reform”. India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on Read More…
Chennai police have filed an FIR against Aditya Puri, former CEO and MD of HDFC Bank, in connection with a complaint from a Chennai resident, after he alleged that the high profile banker had threatened him through a video call regarding a dispute over repayment of loans he took from the bank. The police Read More…
The Exim Bank has started the new year on a high note raising $1 billion through a dollar-bond sale to international investors, offering just 2.25 per cent for the ten-year money, setting a new low in pricing. The Exim Bank, with a substantially dollarised balance sheet, is one of the largest domestic issuers of long-term Read More…
Over the past three years, State Bank of India (SBI), the official channel for selling these instruments, has sold EBs worth Rs 6,492.68 crore in 14 phases, shows an analysis by Commodore Lokesh Batra (retd). Commodore Batra says, “During 2018 to 2020, SBI sold 12,773 electoral bonds, of which 12,632 bonds worth Rs 6,472.43 crore Read More…
At least 27 cases have been registered following at least three suicides over a month. But, the Central Crime Branch police have registered one case based on a complaint by one Ganesan of Vengaivasal and four more similar complaints have been forwarded to CCB from Adyar police districts. Each district might have registered cases separately, Read More…
