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Bengaluru techie loses 68 lakh to fraudsters by trying to sell his bed online

This is said to be one of the biggest reported online lootings in recent times.

Bengaluru techie loses <span class='webrupee'>₹</span>68 lakh to fraudsters by trying to sell his bed online
Published on Dec 16, 2023 12:34 PM IST

Cleaning up of NPA mess will propel the economy

The banking sector has made significant progress in addressing the NPA crisis representing a shift towards a more transparent and responsible financial future.

 The NPA situation in India before 2014 was severe. (Getty Images/iStockphoto)
Published on Jul 24, 2023 09:33 PM IST

A pragmatic move by RBI

The rate hike pause was likely triggered by global uncertainties but will provide relief

And at a time when rapid rate tightening — the interest rate has gone up by 2.5 percentage points since May — has especially pinched retail borrowers, the pause should provide some relief. (Mint)
Published on Apr 06, 2023 07:34 PM IST
ByHT Editorial

Number theory: Understanding the new American banking crisis

A latest study published to the Social Science Research Network on March 13 estimated that the individual US banks' assets have lost an average of 10% of their market value during the Fed's rapid rate-hike campaign, with the bottom fifth percentile experiencing a decline of about 20%.

A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S.(REUTERS)
Updated on Mar 27, 2023 01:50 PM IST

‘Crypto-friendly’ Signature Bank’s closure another blow to industry

The shutdown comes soon after the twin collapses of Silvergate Capital Corp. and Silicon Valley Bank. All the banks were, at least at one point, counted among the US’s most crypto-friendly financial institutions.

A branch of Signature Bank is photographed, late Sunday.(AP)
Published on Mar 13, 2023 08:04 AM IST
Bloomberg | | Posted by Nisha Anand
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