Latest Updates Around The World
Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon cutting ceremony at the opening of the company’s new headquarters at 270 Park Ave., in New York, October 21, 2025. Eduardo Munoz | Reuters JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its […]
Jamie Dimon, CEO of JPMorgan Chase & Co., during the IIF 2025 Annual Meeting in Washington, October 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday he was concerned about the U.S. economy, citing high asset prices and a competitive banking environment that reminded him of the pre-2008 […]
That could change soon, says Chadwick Westlake, who became CEO of EQ Bank last August and announced a transformational, potentially career-defining deal to buy PC Financial in December. “We will be a household name by the end of this year,” he said. By purchasing the PC Mastercard portfolio and PC Money accounts, and at the […]
India plans to more than double the current limits on foreign direct investment in state-owned banks. The Indian government is conducting inter-ministerial consultations to increase the limit on foreign direct investment in state-owned banks from 20 percent to 49 percent, India’s Financial Services Minister M. Nagaraju told reporters on Monday. Foreign interest in the Indian […]
Standard Chartered warns that stablecoins could drain up to $500 billion from bank deposits in developed markets by 2028. US banks are increasingly at risk of losing their deposits to the digital asset space as stablecoins continue to gain traction. The concern stems from the growing adoption of stablecoins, with the total supply in circulation […]
The gap between credit and deposit growth is underlined by the fact that credit grew at a faster rate of 14.5% as of December 31, 2025, while deposit growth was 12.7%. The cost of raising funds for banks and financial institutions through certificates of deposit (CDs) has increased over the past month or so, while […]
Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo credit: ANI Andhra Pradesh Chief Minister N Chandrababu Naidu has asked banks to extend support to MSMEs – especially those belonging to BC, SC and ST communities. Chairing the 233rd and 234th meeting of the State Level Bankers’ Committee (SLBC) in Amaravati on Friday, the CM […]
The focus on bank earnings has sharpened this quarter around balance sheet strength, return ratios and sustainability of growth, with HDFC Bank and ICICI Bank firmly in the spotlight. In an interaction with ET Now, Dnyanada Vaidya of Axis Securities shared her assessment of credit growth, deposit mobilization, profitability metrics and valuation trends among large […]
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Uttarakhand’s 2026 public holidays calendar includes national holidays, religious festivals and scheduled weekend closures across the state. The full list can be found below. Uttarakhand Public Holidays 2026: 44 days January 10 (Saturday) – Second Saturday January 24 (Saturday) – Fourth Saturday January 26 (Monday) – Republic Day February 14 (Saturday) – Second Saturday February […]
