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banking industry

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Bank union forum calls for nationwide strike on March 24 and 25

The demands raised included filling up the workmen and officer director posts in public sector banks, along with resolving residual issues with the IBA and amending the Gratuity Act to raise the ceiling to 25 lakh, aligning it with the scheme for government employees and seeking exemption from income tax.
Published on Mar 17, 2025 03:18 PM IST

US banks to gain from looser capital, merger policies under Donald Trump

Donald Trump picks are likely to further dilute the contentious Basel III endgame proposal aimed at requiring big lenders to hold more capital to safeguard against soured loans.
Updated on Nov 07, 2024 11:59 PM IST

CBI studies 53 financial frauds to identify preventive measures

The “findings” and “lessons learnt from past mistakes”, published in the form of an almanac and released by Prime Minister Narendra Modi on Monday, have been shared with the Reserve Bank of India (RBI), stock market regulator Sebi. (AFP)
Updated on Apr 05, 2023 12:24 AM IST

Silicon Valley Bank collapses in America's biggest banking failure since 2008

A property managment representative gestures while asking reporters to clear the entrance area to Silicon Valley Bank in Santa Clara, Calif., Friday. (AP)
Updated on Mar 11, 2023 08:30 AM IST