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According to a source, the bank's offering in India of Additional Tier-1 (AT-1) bonds is expected to more than halve to Rs 20,000 crore this fiscal year from the all-time high of Rs 42,800 crore raised in FY22. Bonds...

Millions of customers and businesses last year found themselves in a situation where they needed their banks' dependability and support more than ever due to the pandemic. Consumers will now put their trust in the banks that were flexible...

According to a study of experts released on August 22nd, the Federal Reserve is unlikely to control inflation without sending the American economy into a recession. In a survey conducted by the National Association of Business Economics, 72% of...

On August 22, the euro briefly retreated below parity against a strong US dollar and was lagging near five-week lows due to worries that a 3-day interruption in European gas supplies later in the month may worsen an energy...

At a crucial juncture, China's central bank urged the country's largest financial institutions to take the initiative and maintain credit growth stability for the country's economy. According to a statement released by the People's Bank of China (PBOC), financial institutions,...

According to economists, the US Federal Reserve will increase interest rates by 50 basis points in September despite forecasts that inflation has peaked and mounting concerns about a recession. The risks were weighted in favour of a higher peak,...

Bangladesh's finance minister has stated that given the difficulty of repaying loans due to global inflation, poor nations should think twice before implementing China's Belt and Road Initiative (BRI) development programme. AHM Mustafa Kama made his remarks in response to...