The Australian Dollar (AUD)/USD continued its downward trend in Monday’s session as the market anticipates the RBA’s decision.
The Australian Dollar (AUD)/USD:
The Australian Dollar (AUD) faced further losses against the US Dollar (USD) on Monday as markets prepared for Tuesday’s Reserve Bank...
UBS announces voluntary redemption offer by Credit Suisse Supply Chain Funds to its investors
UBS announces voluntary redemption
UBS announces today that the Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. Fund investors...
RBI receives Risk Manager of the Year Award 2024 from London-based Central Banking
RBI Awarded Risk Manager of the Year 2024:
The Reserve Bank of India (RBI) has been honored with the Risk Manager of the Year Award...
RBI cancels the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh
RBI in action:
The Reserve Bank of India (RBI) has cancelled the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh, effective from the close...
Zomato is reportedly in advanced talks to acquire Paytm’s movie ticketing and events business for Rs 1,500 crore: Source
Zomato news update
Food delivery giant Zomato is reportedly in advanced discussions to acquire Paytm's movie ticketing and events business for a potential valuation of...
US Wells Fargo bank dismisses over a dozen employees for allegedly falsifying work activity
US Wells Fargo Bank news:
Over a dozen employees at the US Wells Fargo bank were terminated for allegedly "simulating keyboard activity," presumably to deceive...
SBI increases lending interest rates by 10 basis points across all tenures
SBI Loan rate update:
State Bank of India (SBI) has increased the marginal cost of the fund-based lending rate (MCLR) by 10 basis points (bps)...
Goldman Sachs: Why the Fed is still cautious about inflation
Goldman Sachs:
According to Goldman Sachs inflation may not be cooling as quickly as some investors may think, says Anshul Sehgal, head of US Interest...
World Bank’s Global Economic Prospects report: Global growth is stabilizing for the first time in three years
World Bank's Global Economic Prospects report update:
The global economy is expected to stabilize for the first time in three years in 2024—but at a...
RBI imposes rupees1.45 crore monetary penalty on Central Bank of India
RBI Imposes ₹1.45 Crore Penalty on Central Bank of India for Non-Compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,45,50,000...
The US government returns $156 million of 1MDB funds to Malaysia, according to the embassy
US Government Returns $156M 1MDB Funds
The US government has returned another $156 million to Malaysia in recovered assets linked to the scandal-ridden state fund...
Bank Holiday June 2024: Will Banks Be Open or Closed on Bakrid? Check Details Here
Bank Holiday update:
Banks will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha, affecting both public and private banks across India....
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