Silicon Valley Bank’s distress wasn’t reflected in credit ratings
Prior to two of the largest banking catastrophes in American history, credit-rating agencies held regional banks in high regard. Fast…
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Ashish Dhawan buys stake in this mutual funds’ favourite ₹65 stock
Ashish Dhawan’s portfolio: During the quarter from January to March 2023, ace investor purchased a position in Equitas Small Finance…
What’s wrong with the banks
Ten days ago, you could have believed that the banks had recovered from the horror of the 2007–2009 financial crisis….
Major US banks create $30 billion rescue package for First Republic Bank
Los Angeles: First Republic Bank received a $30 billion deposit injection from large US banks on Thursday, stepping in to…
Oil steadies as investors take stock of banking crisis
Oil prices were little altered on Friday following a meeting between Saudi Arabia and Russia that helped to calm the…
IDBI Bank privatisation on track: DIPAM
In NEW DELHI: On Friday, the government declared that the disinvestment of IDBI Bank is proceeding according to the established…
PhonePe raises $200 million in additional funding from Walmart
One of the biggest financial platforms in India, PhonePe, revealed today that Walmart has contributed an additional $200 million in…
Dividend yield of this stock beats PPF, EPF, bank FD return in FY23. Do you own?
Shares of Coal India Ltd. are among the high dividend yield stocks for the fiscal year 2022–2023. According to data…
Maiden Forgings IPO to be launched next week.
The initial public offering (IPO) of Maiden Forgings, a producer of steel bars and wires, will begin next week on…
Bharat Electronics declares second interim dividend, record date next week
The second interim dividend of $0.60 per share for FY23 has been approved by the board of directors of Bharat…