The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
The era of ultralow interest rates fostered a leveraged buyout boom and a desperate hunger for yield among investors. The ...
RBI bars New India Co-operative Bank from transactions, assures deposit insurance up to ₹5 lakh, monitoring financial ...
DCCB officials in Edunuthula seized a house gate over a Rs 6 lakh loan default, sparking outrage and calls for legal action ...
The Kenya Times on MSN13h
Updated List of Interest Rates Announced by Banks in Kenya After CBK’s DirectiveSeveral Kenyan banks are lowering their lending rates following the Central Bank of Kenya’s (CBK) decision to cut the Central ...
Overall debt levels held by Americans rose modestly in the final quarter of last year on a healthy consumer sector, even as borrowing for automobiles faced some signs of stress, the Federal Reserve ...
Alex Spiro, celebrity attorney who was considered Elon Musk’s go-to lawyer, is no longer involved with Javice’s defense ...
Indian banks' net interest margins (NIMs) will likely decline by 10 basis points on average in 2025-26 due to the Reserve ...
The RBI, in its recent trend and progress report, stated that the reduction in NBFCs’ reliance on banks for funds bodes well ...
The Punch on MSN2h
Loan controversy: Onasanya defends self in courtDr. Bisi Onasanya, the former Group Managing Director of First Bank, on Thursday appeared before Justice Chukwujekwu Aneke at ...
Last week, the RBI started its rate-cutting cycle by lowering its key policy rate by 25 bps to 6.25 per cent and said it ...
Seattle’s WaFd Bank, which bought Santa Rosa’s Luther Burbank Savings a year ago, now is getting out of mortgage lending to ...
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