The newly released audited accounts of the Bank of Mauritius (BoM) reveal an impairment loss of Rs 5.4 billion relating to its subsidiary, the Mauritius Investment Corporation (MIC). The financial ...

To the extent that Fed buying is skewed towards short duration debt, allowing long duration bond holdings to mature — and to ...

"If you need more liquidity and flexibility and you can’t get it from a cash flow structure, an asset-based loan may very ...

First Commonwealth Financial Corporation is upgraded to Buy as fundamentals improve & valuation becomes more attractive. Read ...

The centre-right members of parliament have put forward a compromise proposal on the question of capital requirements for UBS ...

As mobile penetration rises above 70 percent of Uganda’s population, the potential customer base for fintechs expands with it. Commercial banks, however, remain financially powerful ...

Our ₹100 lakh crore business comprises ₹55-56 lakh crore of deposits and ₹44-45 lakh crore of loans, says SBI Chairman CS ...

The court found that the accused, in conspiracy with unidentified officials of Bank of Baroda and State Bank of India, forged ...

Tribunal deleted Rs. 10 lakh addition made under Section 68 where lender’s deposits were not independently verified. The assessee had no failure in proving identity, genuineness, or creditworthiness.

In the QE era, the Fed relies on two administered rates - Interest on Reserve Balances (IORB) and Overnight Reverse Repo (ON ...

The Federal Reserve is resuming Treasury bill purchases to ease liquidity strains in US money markets, responding to rising repo rates and tightened funding conditions. The move aims to stabilise ...