Latest Updates Around The World
Satyanarayana Raju, MD and CEO, Canara Bank The RAM (Retail, Agriculture and MSME) sector will grow faster than corporate loans in the next two quarters, says Satyanarayana Raju, MD & CEO, Canara Bank. “Our strategy is to achieve a 60:40 mix between RAM and business sectors,” said Raju. “We do not want to expand corporate […]
Indian government bonds bounced off their lows on Friday, with yields reversing course after the central bank rejected all bids for the seven-year note at a debt auction, signaling the discomfort of high borrowing costs. The Reserve Bank of India planned to raise $1.25 billion from the sale of the 6.28 percent bond in 2032, […]
Foreign investors have become bullish on the banking sector given its attractive valuation, robust growth prospects and easing policy measures by the RBI, leading to a flurry of deals in the sector. In recent months, foreign investors have injected over ₹45,000 crore into three mid-cap private sector banks. Japan’s Sumitomo Mitsui invested ₹13,400 crore for […]
VP Nandakumar, MD & CEO, Manappuram Finance Ltd | Photo credit: SUPPLIED PHOTO Manappuram Finance has recorded a 29 per cent growth in its gold loans under management (AUM) to ₹31,505.33 crore in the second quarter of FY26, compared to ₹24,365.07 crore in the same period of the previous financial year (Q2 FY25). Sequentially, assets […]
Nowadays, banking is something where the bank is increasingly being ignored. “People no longer go to an ATM or bank very often, but rather log in to our laptops or mobile devices,” said Octavia Howell, vice-president and chief information security officer of Equifax Canada. Banking from your phone or computer is convenient, but you leave […]
Under the transaction, Northern Superior shareholders will receive 0.0991 Iamgold shares and 19 cents in cash for each share of Northern Superior common stock. The offer implies an aggregate value of $2.05 per Northern Superior share, based on the closing price of Iamgold shares on the Toronto Stock Exchange on October 17. The transaction also […]
City Union Bank MD and CEO N Kamakodi with IFC and CUB officials at the MoU signing with IFC | Photo credit: EASHWAR RAVI Private sector bank City Union Bank has received a $50 million commitment from the International Finance Corporation (IFC), a member of the World Bank Group. The financing is intended to support […]
In this inspiring episode, Tim talks to Laura Levine, President & CEO of the Jump$tart Coalition for Personal Financial Literacyabout her twenty years leading a national movement for financial education. With the Jump$tart National Educator Conference on November 6, tune in to learn more about the organization and Laura’s vision. Laura reflects on how Jump$tart […]
Image source: shutterstock.com For dual-income couples without children, financial freedom often feels like the ultimate reward for years of hard work. They can travel more, invest earlier and enjoy the luxuries that many families have to take into account. But that same independence can also make them easy targets for financial abuse – whether from […]
Image source: shutterstock.com For decades, society has viewed couples without children as outliers: people who “waited too long,” “were too career-oriented,” or “missed something essential.” But today that perception is rapidly changing. A new wave of cultural, economic and technological shifts is creating a world that better supports independence, flexibility and diverse family choices. Not […]
