Category: Business
SVB collapse fallout: Moody’s downgrades six US banks
Bloomberg | | Posted by Aryan Prakash Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest…
Rupee falls 12 paise to 82.35 against US dollar in early trade
PTI | | Posted by Shobhit Gupta The rupee depreciated by 12 paise to 82.35 against the US dollar in early trade on Tuesday, amid…
Silicon Valley Bank collapse: This firm is looking to buy part of bank’s loans
Apollo Global Management Inc. expressed interest in snapping up a book of loans held by Silicon Valley Bank, the California lender seized by federal regulators…
Market opens in green at 58,274; Nifty at 17,154
Equity benchmark indices Sensex and Nifty gained in early trade on Tuesday despite weak global cues. Amid volatile trading, the 30-share BSE Sensex surged 205.55…
Silicon Valley Bank parent, CEO and CFO are sued by shareholders. Here’s why
Reuters | | Posted by Aryan Prakash SVB Financial Group and two top executives were sued on Monday by shareholders who accused them of concealing…
Silicon Valley Bank crisis: Did bank regulators, investors ignore warning signs?
With hindsight, there were warning signs ahead of last week’s spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators….
Rupee may decline; Asian markets sink after SVB collapse: 10 points
The collapse of Silicon Valley Bank and Signature Bank made a huge impact on global finances as stocks have lost $465 billion in market value…
IDBI Bank hikes interest rates on various schemes. Details here
Private sector lender IDBI Bank on Monday hiked interest rates for various schemes across tenure, according to a report in HT’s sister publication Mint, that…
Retail inflation eases slightly to 6.44% in February; milk, cereals up
NEW DELHI: India’s retail inflation eased marginally to 6.44% in February after three-month high of 6.52% in January. Consumer prices continued to be above the…
Retail inflation dips slightly to 6.44% for Feb against 6.52% in Jan
PTI | | Posted by Lingamgunta Nirmitha Rao Retail inflation dipped marginally to 6.44 per cent in February, mainly on account of a slight easing…