Showing results for "#banking sector"
India saw only 100 deals valued at $5 bn in April
Top five deals for the month accounted for 81 per cent of overall M&A deal values, valuing $387 million. Of these, $218 million came from the pharma,...
World markets set for relief after Credit Suisse buyout
20 March 2023 9:15 AMIn an early sign that risk appetite was set for a bounce, the euro, sterling and the Australian dollar all edged up, data from trading platform EBS...
World shares tumble on banking turmoil, recession worries
25 March 2023 1:38 AMThe fear is that all the turmoil in the banking industry could cause a sharp pullback in lending to small and midsized businesses around the country.
PSU banks profit poised for Rs 1 lakh crore mark in FY23
9 April 2023 7:45 PMAs per a senior bank official, the country’s biggest lender State Bank of India (SBI) expected to earn a profit above Rs 40,000 crore in the financial...
India still concerned about global economic outlook: FM
14 April 2023 12:15 AMThe recent turbulence in the banking sector in some advanced economies has further increased the challenges to global economic recovery and increased...
'Our banking, financial systems insulated from global developments'
14 April 2023 7:50 PMResponding to a question on the collapse of the Silicon Valley Bank, he said the developments related to failures of banks in the US and also in...